Current Trends in the Field of Financing Residential Constructions

Abstract

The solution for the complex housing problem goes beyond people's concerns, depending on economic and social conditions, and for building houses it is necessary to take decisions and strategies, at the state level. On the other hand, “housing constructions, regardless of the period of execution, are influenced by a number of financial, technical, cultural, etc. factors, depending on the concrete political and economic situations.” (Taşcă, 2012). The way of living reflects the way we live, and the countries with a good housing background also have a high standard of living for the population. On the other hand, the housing industry represents an important area that can drive the entire economy of a country, by engaging horizontally a significant volume of activities producing materials, subassemblies and techniques necessary for the constructions as well as by the amount of labor force that represents this branch. In this context, the construction of houses should not be a challenge to itself, including through the possible simplification of the execution process, but to avoid the uniformity and lack of personality of the buildings. The research undertaken in this paper proposes to study the ways of financing the housing constructions in the context of the current economic and social environment and from the perspective in Romania and in the European Union.