The Value of Housing as an Economic Asset for the Owner: the Intersection of Consumer, Symbolic and Investment Aspects of Assessment

There are several dimensions of the value of primary housing as an economic asset for the owner: consumer (functional), symbolic and investment. In relation to the functional dimension, reflection occurs in the plane of correlating the needs of the owner and l or his family and the characteristics of housing. The symbolic and investment dimensions of the value of housing go beyond the individual or intra-family. Here, the quality of the living environment, including the symbolic significance of the place of residence, the economic situation at the macro level (in the country) and meso level (quality of supply on the local housing market) are of decisive importance. The materials of focus groups, which included residents of the Novosibirsk Akademgorodok, a unique and widely known territorial entity, were analyzed through the prism of these attitudes.