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Iveta Puķīte, Ineta Geipele and Armands Puķītis

Abstract

The scientific publication aims to identify risks in the maintenance of the rental housing stock. Access to housing is an essential precondition for the development and integration of the personality of each individual into society. Despite the rapid development of the state in certain sectors of the economy, the issue of inadequate accessibility and quality of housing for low-income groups of the population is becoming more and more acute. Therefore, one of the state policies is to create an adequate and rational space for all categories of Latvia’s population. The aim of the article is to identify and evaluate the risks of management of rental houses owned by the municipality, their impact on efficient and high-quality maintenance and high-quality maintenance of the housing stock.

Open access

Intra Lūce

Abstract

The article deals with the concept of quality and compliance in the context of the short-cycle professional higher education (SCHE) program in the field of real estate management. The article highlights the role of graduates and employers in assessing the quality and compliance and surveys of students as well. The surveys of students, graduates and employers and the analysis of legislation allow assessing the quality and compliance of SCHE study program in real estate management. Currently, in Latvia, the qualification of a house manager can be obtained at three accredited higher education institutions, studying in a short-cycle professional higher education program, which, in accordance with European Qualifications Framework (EQF), is the first-level professional higher education program. The article will mainly focus on the quality and compliance of the house managers’ professional qualification acquisition in short-cycle higher education programs in Latvia. Data analysis, synthesis and logical construction methods have been used in this article.

Open access

Inese Binovska, Linda Kauškale and Jānis Vanags

Abstract

The development of the real estate market contributes to the development of the national economy, thus creating a favourable investment climate for the investors. Increase in the level of the incomes of the inhabitants may increase the availability of housing in the country by fiscal and monetary policy instruments. The topicality of the paper is related to the need for analysis of the trends and prospects of the real estate market development of the Baltic States, as it has a high social meaning and has a high importance for market participants. The objective of the research is to analyse influencing factors and tendencies of real estate market development in Baltic States, and includes a comparative analysis of the residential property market in the Baltic States is conducted. The research methods used in the paper are statistical data analysis, historical and logical approach methods. The article focuses mainly on the housing market. It was concluded in the study that under the similar geographic and economic conditions in the Baltic States, the housing affordability index and real estate market development tendencies have many differences and success indicators are still varying.

Open access

Armands Auziņš and Jānis Viesturs

Abstract

The creation of positive synergy in managing land-related resources if exploring the territorial capabilities, threats and opportunities, e.g. the effects of urban expansion, multi-functionality of land use, internalisation of negative externalities and challenges of a city agglomeration, causes primary necessity for the modern society. The study is concerned with the conceptual background and feasibility aspects of values-led planning (VLP) approach to be introduced into land management practice by capitalising first of all on comparative analysis of dynamic spatial planning systems and planning cultures. Finally, it is argued that the implementation of new planning approach within proposed framework would lead towards improved land use policies and better territorial governance, developing more inclusive and resilient territories for the benefit of a society.

Open access

Natalya Bibik and Natalia Dril

Abstract

The construction industry is one of the main components of the national economy of Ukraine as well as many countries worldwide. The volume and level of construction, especially housing, considerably influence further development of all other sectors of economy, and guarantee continuous growth of economic potential and national income. The aim of the research is to analyze the trends of construction development, its historical background and current situation in Ukraine. Literature analysis methods, statistical data processing, historical and logical access methods have been used in the research. The article provides historical overview of housing construction development in Ukraine, current challenges in the industry and solutions to solve them.

Open access

Tatjana Štaube and Ineta Geipele

Abstract

The paper includes results of economic calculation until 2020 regarding adaptations of the algorithm model of forecasting supply of spatial economic objects for planning the development of the Latvian high-end industrial market space. Scientific discussion concerns the average temperature increase as a determinant ratio and the definition of spatial economics developed by the authors The research focuses on the changes in climatic conditions, which may have an impact on the country’s economic development priorities. The paper also reflects on assessment of regional specialization of the leading entrepreneurial activities in Latvia and the Baltic States. It is mainly based on the empirical study of scientific literature. The authors apply the following methods: decision-making, analysis of primary and secondary sources, the Gini coefficient of Regional Specialization, the Gini coefficient of Geographical Concentration, logical approach and comparisons, systems and dynamic factor analysis, expert analysis, mathematical statistical methods. Main conclusions state that Latvia would continue regional development, maintain division of industrial capacities and decrease of Riga’s industrial agglomeration. Agriculture will develop intensively. Increase in high-class industrial property stock is partly conditioned by the high-quality manufacturing needs, as well as logistics and service needs. The calculated level of that stock is 772,300 sq.m until 2020. In fact, Latvia demonstrates low regional specialization rates for agriculture and manufacturing. The authors stress importance of development of the appropriate infrastructure in creating competitive local business environment in the Latvian cities.

Open access

Shumank Deep, Mohd Asim and Mohd Kashif Khan

Abstract

Practically speaking, not all real estate construction projects are accomplished in the defined span and within budget. Various factors responsible for occurrence of delays are one of the long-standing issues in the field of real estate. Delays make contractors endure productivity loss, cause high disturbance expenses, and prolongation costs. The aim of the research is to summarize several delay causing factors, which are observed in the execution of previous real estate construction projects. It then proposes implementation of standard prevention procedures to minimize delays. Time effect examination is the approach to evaluating and allotting the upshots of delays or changing a venture schedule. This review sets execution framework of the two sub-principles of the Toyota Way attributes known as philosophy sub-principles and process subprinciples to guide real estate construction businesses in their lean change to delay free real estate construction work. These are implemented after investigating the critical factors responsible for delays in the delayed projects by comparing their as-planned schedules with the adjusted schedules. Methods used in the research include structured surveys and content analysis, which is performed after collection of quantitative data from the respondents. The lean construction principles will be designed and provided to clients to be productive in performing work packages on their scheduled time with minimum possibility of time overrun.

Open access

Armands Puķītis, Iveta Puķīte and Ineta Geipele

Abstract

The present scientific article is the first part of two publications, where the authors obtain results from the scientific research for municipal residential property legal aspects and housing policy, as well as risks in the maintenance of the housing stock. To ensure the fulfillment of the functions prescribed by law in relation to the provision of living space, each municipality owns a number of rental apartments. Some municipalities even build special dwellings aimed to fulfil this function. Housing management involves the implementation of a specific process prescribed by both the law and the principles of good governance. However, all management processes are subject to risks that can endanger the implementation of the entire management process. To ensure efficient and high-quality maintenance of the management process, risk assessment is required. In order to successfully implement all these activities, first of all, there is a need for a legal framework that will stipulate the obligations, responsibilities, rights of the persons involved, as well as a series of measures that determine the actions to be taken to ensure the successful maintenance of the housing stock. The aim of the article is to investigate and analyse the regulation of the rent of the legal relations of the municipal property that is used as rental apartments, the management processes of municipal residential property and their compliance with regulatory enactments, as well as to define risks that prevent the efficient and high-quality maintenance of the housing stock.

Open access
Open access

Sergey Kirsanov, Evgeny Safonov and Sandra Ramirez

Abstract

The aim of the article is to reveal some aspects state regulation of natural monopoly in Russia, which are of paramount importance in economic and social life of the country. The optimal path to reforming the monopolized industries is currently a very topical question for Russia. The Russian government requires studying the foreign experience in this field and adapting it to the Russian conditions. Almost complete lack of transparency in the pricing of natural monopolies is one of the most important problems in Russia. In this connection, against the background of almost uncontrolled corruption in the country, the decision to increase tariffs for practically all services provided by monopolists, irrespective of the world prices for energy resources, causes distrust and just censures. The inefficient management of the state corporation Gazprom, a significant reduction in taxes transferred to the state budget, has not, until now, been the subject of thorough audit and critical analysis by the relevant government agencies. The Ministry of Energy does not attempt to reform the gas industry, for example, in the likeness of Scandinavian countries, where surprising results have been achieved in the operation of numerous energy suppliers. The increase of tax revenues to the country’s budget and the improvement of the quality of life of the population depend on to the scope of reforms of the industry the state will carry out based on a combination of administrative and economic control measures. Methods of investigation used: analysis, synthesis, comparative analysis.