THE CONSEQUENCES OF MORTGAGE EXPANSION AS THE PREREQUISITES OF A BUBBLE DETECTION IN THE RUSSIAN HOUSING MARKET
Journal: Scientific Works of the Free Economic Society of Russia
Year: 2021

The housing sector of the Russian economy as an example of an economic branch hardly affected by the 2020 pandemic has been investigated in the paper. The factors of such an indifference have been detected and defined as the prerequisites of the identification of a financial bubble in the segment due to the duality of housing as a financial asset. Tests have been carried out to examine the prerequisites of bounded rational behavior of market agents. The research of the prerequisites has been fou