The Study of the Residential Real Estate Market in the Republic of Kazakhstan

2019

Closed access Metadata (CSL-JSON)
DOI 10.1080/10835547.2019.12090495
Data confidence 70 medium
How this score is calculated

It is built from checkable properties of the record itself: whether the article has a DOI, how many independent sources confirmed its data, whether the required fields are filled in, and how recent the latest confirmation is. Disagreement between sources and a missing identifier lower it. A value of 80 or above means the record was published without further checking; 60 to 79 means it is published at reduced confidence, with a manual check advisable. A record verified by an editor by hand is never pushed below 90 by a recalculation. This scores our data about the article, not the article itself.

Abstract

In this study, we assess the residential real estate market in the Republic of Kazakhstan and develop measures to improve its affordability. We use comparative and retrospective analysis of statistical indicators to assess the trends in the development of the residential real estate market in Kazakhstan, as well as the state of the housing credit system. The results show that despite the growth in housing construction, affordability remains low in comparison with developed countries. Experts believe that government support measures that include the formation of a rental non-commercial housing market, the creation and development of unitary rental property funds, as well as the shift from shared financing to project financing of residential construction will lead to affordable housing.