Apr 8, 2021
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Putin instructed the FAS to deal with the rise in housing prices

Vladimir Putin instructed the Federal Antimonopoly Service (FAS) to study the situation with a significant increase in housing prices in Russia, TASS reports.

“This is not just a rise in prices, it is a significant increase,” the president said at a meeting following the implementation of his messages to parliament in 2019 and 2020.

The head of state noted that on average in the Russian Federation, the cost of residential real estate increased by 12%, but in a number of regions the figures are even higher. So, in North Ossetia the growth was 30%, in the Oryol region – 19.7%, in Adygea – 19.3%, in the Amur region – 18.6%, in Ryazan – 17.6%.

“It is also clear, for example, the Far East has“ jumped ”, it is clear. But in the European part – 30%, 20%! ” – stated the President, agreeing that it is necessary, first of all, to create an additional offer in the housing construction market.

“But we also need to look at this problem from the point of view of the FAS. We need to see what is happening there, ”concluded Putin.

In turn, Deputy Prime Minister of the Russian Federation Marat Khusnullin said that house prices on average in the country increased by 12%. According to him, this was influenced not only by the preferential mortgage, but also by a number of factors, including the pandemic. In addition, the Deputy Prime Minister recalled that in Moscow and the Moscow region construction was stopped for two months. “There were disruptions in the supply of materials, an increase in the cost of materials, a lack of labor resources – all this, of course, played a role. <...> Now we have prepared measures on how to prevent further growth, ”Khusnullin said.

He also said that proposals on the use of funds from the National Wealth Fund for infrastructure are ready, and they will be submitted for approval in the near future. The Deputy Prime Minister noted that they will concern roads and engineering infrastructure.

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