| From Globaledge.co.uk: The Russian government is to undertake a series of measures aimed at promoting home ownership. Although the policies aim to encourage property purchasing within Russia; if the British experience is anything to go by, a likely side effect will be a rise in the number of Russians buying overseas.
Russian President Dmitry Medvedev is aiming to help the 77 percent of the country’s 142 million people who are “cooped up” in apartment blocks by building single family homes around the outskirts of major cities, according to Business Week..............................................Full Article: Source
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