The importance of modernization in the perspective of the city’s housing stock development: Yerevan specifics

Abstract

The article discusses the issues of preservation of the housing stock. The aim of the work is to identify the importance of modernization in the perspective of the development of Yerevan’s housing stock through a comparative analysis of modern international and local experience and to determine its main directions. In the work: the actual situation formed in Yerevan was presented; the social picture and the structure of the housing stock were revealed; the need for reconstruction was substantiated; the concept of modernization, the circumstances that determine its requirement, and their compliance with the processes currently taking place in Yerevan were considered; the problem of determining the expediency of reconstruction was presented; the question about the contradiction between the goals of long-term stability and rapid superprofits was raised; the principles of reconstruction were predetermined; the role of the state in housing management was clarified. The summarization of the results allowed to substantiate the need to preserve and modernize residential development, strengthen the role of the state in the field of housing policy, regulate the management system, as well as determine the main goals, principles, and directions of the processes. The results assisted to point out the unresolved issues and the directions that can contribute to the further examination of the problems. The results can be useful for the processes carried out for the modernization and reconstruction of residential development in Yerevan, as well as for future research covering a wider scope of prospects for the development of the housing stock as a whole.