Digital Format of Lending to Real Estate in the Region in Post-pandemic Conditions

DOI

10.2991/aebmr.k.210710.051How to use a DOI?

Keywords

digital economy, region, real estate market, construction, credit, mortgage lending, marketplace, post-pandemic

Abstract

Digital transformation is currently the main trend of the global economy. It affects all areas and requires an indispensable adaptation. Real estate acts as the main element of the modern economy and is considered as the main means of production and an object or object of consumption. Real estate is the basis of personal existence for citizens and the basis for economic activity, the development of organizations and enterprises of various forms of ownership. The real estate market plays a crucial role in the economy of any state. With its help, the state fulfills its social obligations to provide housing to citizens and all necessary infrastructure. This market is also important because it provides employment for the population Note that in the conditions of digital transformation one of the important issues is the active formation and development of modern real estate market, which allows a large number of citizens, businesses and organizations to participate in real estate transactions, namely the privatization of state and municipal property, if renting, buying and selling real estate. At the same time, it is worth noting that it is the mortgage that acts as the main tool that makes real estate available to various categories of citizens. Mortgage lending is not so much a tool for increasing effective demand and boosting housing construction, but rather a mechanism for accelerating socio-economic development, both in the region and in Russia as a whole. Therefore, in the modern conditions of the post-pandemic, it is very important and relevant to study and identify the features of the transition of mortgage lending to the digital format.

Copyright

© 2021, 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  - Irina Tretyakova
AU  - Snezhana Klykova
AU  - Elvira Sitnikova
AU  - Muslim Ibrahimov Azad oglu
PY  - 2021
DA  - 2021/07/14
TI  - Digital Format of Lending to Real Estate in the Region in Post-pandemic Conditions
BT  - Proceedings of the 3rd International Conference Spatial Development of Territories (SDT 2020)
PB  - Atlantis Press
SP  - 303
EP  - 307
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210710.051
DO  - 10.2991/aebmr.k.210710.051
ID  - Tretyakova2021
ER  -