Russian home prices up 73% in three years, official warns ...News

Russia Today - Economy
Russian home prices up 73% in three years, official warns
source : Russia Today ( News ) () 52
“Competent” urban planning would help drive prices down, according to the head of a housing development institution Russia should be more efficient about urban planning and eliminate administrative barriers to help reduce home prices, Vitaly Mutko, the head of a financial institution for the development of the housing sector, has said.      Speaking at the Eastern Economic Forum (EEF) in Vladivostok, the Dom.rf chief noted that residential home prices in Russia have jumped by 73% in the past two to three years and urged the authorities to take steps to lower costs.      “We can talk about the net cost [of housing]

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