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Putin: for now, we will not distribute DV-hectare to other regions
Programs of preferential mortgages and the “Far Eastern hectare” will not be extended to other regions of Russia so far. This was announced at a large press conference in Moscow by President Vladimir Putin.
According to Putin, a lot of people have already taken advantage of the Far Eastern Hectare, its effect has been extended to everyone who wants to come to the Far East and live there. Mostly allotments are taken for housing, agriculture or business. However, the problems of this program are also known, the main of which is the lack of infrastructure.
“Therefore, we need to first implement these initiatives there, and only then move on to other regions,” the president said.
According to him, this also applies to mortgages at 2%. You also need to see how preferential will go in the Far East, how much it will cost, what kind of response people will receive and how much it will require budgetary investments.