Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

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Mutko explained the absence of new buildings in some regions of Russia

Mutko explained the absence of new buildings in some regions of Russia
Photo: pixabay.com

Vitaly Mutko, CEO of DOM.RF, commented on the absence of new buildings in some regions of Russia. According to him, this situation has developed due to the lack of demand for new housing.

According to RIA News, earlier it was reported that in seven regions of Russia in the first half of 2021, not a single apartment in new buildings was sold. Among the territories noted were several Far Eastern ones: Kamchatka, Chukotka, Jewish Autonomous and Magadan regions.

As Mutko noted, construction is a market sector, 95% of housing construction is regulated by market mechanisms. Therefore, if there is no demand, then there is no supply in the regions. At the same time, the DOM.RF company works with problem regions, offers tools to reduce the cost of construction, infrastructure loans.

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