Land Market Development in St. Petersburg: Conditions and Peculiarities
Working paper. WP00LL1. Lincoln Institute of Land Policy, 2000
The objective of the paper is to determine the principal features of land relations in Russia during the course of economic reform, and to characterize the behavior of enterprises on the land market. The paper analyzes the existing administrative procedures for city land privatization, registration, taxation, and leasing, data on the buy-out of land from 1994 to 1999, data on land transactions (sales, leases, mortgages) in the secondary market, results of sociological surveys among St. Petersburg enterprise managers, and data on the actual use of privatized sites by economic entities. This study gives explanations for why there is presently no requirement for the market-oriented use of land, and the causes and impediments obstructing the development of a land market.