The Role of Local Authorities in Managing Municipal Property

DOI

10.2991/hssnpp-19.2019.167How to use a DOI?

Keywords

municipal property, Residential Properties, development trends, mortgage market, construction cost, Irkutsk

Abstract

Municipal property is one of the components of local administration's economic basis, and is an important factor of the sustainable socio-economic development of the city. The municipal property management activity is characterized by utter social orientation. The issues facing the municipal entity are referred, generally, to issues of local importance. Municipal property is an integral part of municipal property. In the context of a constant search for sources to supply local funds, given the role and importance of municipal property in the development of municipal entities, municipal authorities need to search for new innovative methods and forms of managing it. The absence of these measures leads to the fact that the condition of most objects of municipal property is unsatisfactory, because of randomness in solving the tasks - creation of the necessary infrastructure, the development of the road network and transport services, urban construction and improvement, attraction of investments and innovations in the development of municipal property, etc. The lack of attention of local authorities to these problems causes social conflicts. Therefore, management of municipal property in the real estate market is an urgent task, both for the local administration of an individual municipal entity and for members of the local community. Nowadays, there is a need to change the role of municipal authorities in the system of municipal property management, where they should act not only as owners, but also as regulators of other forms of ownership, using innovative methods for solving socio-economic problems.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - V.L. Prigozhin
PY  - 2019/07
DA  - 2019/07
TI  - The Role of Local Authorities in Managing Municipal Property
BT  - Proceedings of the Internation Conference on "Humanities and Social Sciences: Novations, Problems, Prospects" (HSSNPP 2019)
PB  - Atlantis Press
SP  - 871
EP  - 875
SN  - 2352-5398
UR  - https://doi.org/10.2991/hssnpp-19.2019.167
DO  - 10.2991/hssnpp-19.2019.167
ID  - Prigozhin2019/07
ER  -