Sunday, November 13, 2011

The state has found a way to build cheap housing

Last week, the public was presented to the long-promised and finally developed a bill that, according to its authors, is to create optimal conditions for low-cost housing in Russia. According to the draft document, land developers will receive free of charge and the cost of 1 sq. km. meters of housing will be minimal. * The mechanism, which will receive stroykompaniyam sites for free and without bidding, and then to build affordable housing, the next one. First of all, Hope said Kosarev, president of the "Urban Institute" to receive parcels of land will receive, not all but only companies with experience of successful projects of at least 5 years old, whose executives and accountants had no previous convictions, and the company is not deprived of licenses not excluded from the CPO and a qualified staff. Proven so developers will be admitted to the auction, which is the subject of the final cost to the consumer a square. m of the housing. The basis of trade, will take the price meter, determined for each subject Ministry of Regional Development Federation (the average is 30 thousand rubles.), And the developers taking part in an auction, therefore, undertake to build and sell housing at an even lower price - who will offer below, and he will land and the possibility of building on it, explained the Deputy Minister of Regional Development Constantin Royal. Of course, the whole "trick" it into the ground. It is clear that giving away land for free would not be in the city center. ** The bill also states that the land will be allocated to integrated development of the already existing territory or develop a new one. Logically, it is remote or urban areas to "joints" of cities and regions, or new land in the region. At the same idea and information suggests that the bill provides for the possibility of co-financing from the budgets of these projects as municipal authorities and local administrations of the Federation. But the allotment will free (but for him, of course, have to pay tax) or to rent (the rate is the same land tax). Given that the value of land and related infrastructure is about 70% of the cost of meters, under this condition, perhaps, you can really build housing at a price far below market prices. After all, the "rents" in the form of construction of infrastructural facilities and donation of city-builders auction winners also released: the city will have to build communication itself or buy it from the developer. Thus, hopes to State Duma deputy Alexander Kogan, it will be possible to achieve a "pure" cost of 1 sq. km. m of housing in Russia. At the same time, Constantine said King, the developer will not take offense, he will receive a "reasonable" margin of 15-20%. True, as long as the builders do not seem to inspire the idea of ​​selling housing without the possibility of self regulate its value. "The obligation to sell at a fixed cost of housing means to take on higher risks. Or simply did not fulfill obligations. During the pre-crisis period 2005-2007 the cost of building materials and labor has increased by 50-70%. No one can predict the factors that influence the rise in the cost of implementing development projects. For example, legislative initiatives. Horizon of 3-4 years is too long to take stringent obligations on the ultimate price ", - said Vladimir Tribrat, marketing director of the Civil Code" Pioneer "(Moscow). And who will buy? Of course, a natural question arises: who HyperCheap buyers of the future of housing? Would not it was "standing" purchased by greedy investors? Resold or subsidiary companies stroykompany to resale at market prices? Some action against the legislators should consider this. First, the legal entity to buy this house will not. Second, the physical persons who choose to buy and then resell these apartments less than three years after the purchase from the developer will lose the possibility of obtaining a tax deduction and must pay personal income tax from the sale completely. But before the invasion, fear of investors should be aware that it will be for sites where they are located, how they will provide the infrastructure as quickly be put into operation and so on. If they seem liquid - 13% tax private investors, speculators can hardly stop. If they seem illiquid - and investors will not come back. Therefore likely that the bulk of these flats will become the town waiting for. While this is not the ultimate goal of the developers of the bill. "I think after four years about 60% of all construction projects in Russia will be conducted on the proposed scheme through auctions", - said the King Constantine forecasts. It remains only to find developers. * Presentation of the draft law "On Amendments to the Town Planning Code of the Russian Federation and Certain Legislative Acts of the Russian Federation in terms of creating conditions for development of housing for economy class" was held in RIA "Novosti" November 17, 2010. ** For more information on the document can be found at the site of one of its authors, chairman of the Committee on Construction and Land Affairs of the State Duma Martin Shakkum.

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