Real Estate Management and Valuation (Jun 2021)
Different Management Functions in Housing Operation Practice: Ukrainian Case Study
Abstract
The analytical part of the article describes the situation after 1990s, when the residential housing stock in most Central and Eastern European countries was privatized, in poor condition, and required costly major repairs at the expense of new owners, which was impossible in terms of finance. In this situation the building maintenance and operation functions are transferred to private or municipal management companies, or remain executed directly by owners’ organizations.
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