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Real Estate Briefing - Categorized | Market Moves, People more

Russia: President scrutinizes housing

Posted on 16 November 2011

President Dmitry Medvedev pushed for introducing antitrust regulations in housing construction in the regions on Tuesday, and criticized local authorities for patronizing some developers and limiting competition.

He also offered to provide low-income borrowers affordable state-guaranteed mortgages under special conditions. Medvedev proposed to conduct antitrust checks of developers and introduce anti-monopoly regulations in residential construction in the regions due to noncompetitive practices by the authorities……………………………………..Full Article: Source


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