Moscow, Russian Federation
Kaluga, Kaluga, Russian Federation
The article concerns with the legal and economic aspects of public administration with the use of public-private partnership for coliving development in Russia. The coliving market is actively developing in recent years in the context of increasing urbanisation and changes in the socio-economic environment. This service primarily targets at students accommodation. It also provides a range of social and cultural services attractive to students, postgraduates, young professionals. This makes it economically interesting for investors. The article analyses the prerequisites for coliving in the Russian Federation, as the shortage of affordable housing in large cities increases the demand for new models of accommodation. Therefore, coliving becomes an alternative to traditional hostels and rental housing. The purpose of this work is to assess the possibilities of using coliving in Russia within the framework of public-private partnership models. It emphasises on economic and legal aspects affecting the attractiveness of such projects for private investors and public infrastructure. According to research results, the successful implementation of coliving requires adaptive approaches to design and financing in terms of regional characteristics and the urbanisation. It makes the project economically sustainable and attractive to both private capital and the public sector. Indeed, coliving might be relevant for the governments and investors in implementing affordable housing projects for students and young professionals.
public-private partnership; concessions; coliving; dormitories; student; investment
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