Template-Type: ReDIF-Paper 1.0
Author-Name:Zadonsky Georgy
Author-Name-First: Georgy 
Author-Name-Last:Zadonsky 
Author-Workplace-Name: Gaidar Institute for Economic Policy 
Title: The market of land plots in Russia in 2015
Abstract: According to the data released by the Rosreestr, the area of land plots owned by Russian nationals keeps decreasing and as of 1 January 2015 amounted to 115,400,000 ha or 6.8% of the land of the Russian Federation against 117m ha  (6.84%) as of 1 January 2014. On the contrary, the area of land in public and municipal ownership and ownership of legal entities keeps growing. Within a year, the area of land plots owned by legal entities increased by 1.3m ha and amounted to 17.2m ha or 1.0% of the land of the Russian Federation. The area of land plots in public and municipal ownership increased by 37,900 ha. As of 1 January 2015, Russian nationals’ land shares decreased by 3.0m ha and amounted to 5.2% (89.3m ha) of the country’s land or 67.3% of land in private ownership. A decrease in the area of land in shared ownership is regarded as positive factor as land plots in shared ownership by virtue of incompleteness of that title are used inefficiently.
Classification-JEL: G21, K11, L74, L85
Keywords:  Russian economy, land market
Creation-Date: 2016
Revision-Date:2016
Publication-Status: Published in RUSSIAN ECONOMY IN 2015  TRENDS AND OUTLOOKS  (ISSUE 37)
Length: 3 pages
File-URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2016-245.pdf
File-Format: application/pdf
File-Function: Revised version, 2016
Handle: RePEc:gai:ppaper:ppaper-2016-245