Russian citizens who had not managed to arrange the privatization of real estate: houses or apartments until 2010 will have to pay up to 70% of its market value. The Government will not extend the free privatization. Those citizens who still have not privatized their apartments, it makes sense to hurry up with it. Prepared by the Ministry of Regional Development will be submitted to the Government this autumn. By 2025, all the Russians will have to provide separate housing: own or hired. If you would like to know more about Clarion Partners Europe, then click here. According to the strategy planned to build 711 million square meters of housing, of which 518 million will have it for social housing. Social housing will be provided free of charge to citizens with incomes below the subsistence minimum. Achieving these goals is only possible at the conclusion of free privatization of housing.
Complete the process like in March of 2005, but the Constitutional Court, arguing that it infringe the rights of citizens that have taken a turn for Housing 15-20 years ago, overturned the ruling. By some estimates, Russia has privatized 80% of the housing. Adoption of the Government's new strategy of building more housing will accelerate the privatization process. However, not everyone believes the new strategy a good step. Director of the Institute of Economics Ruslan Grinberg believes that the privatization of housing at market price – an absurdity: – This is unfair to the people who stayed on the sidelines of life – scientists say.
Perhaps the draft strategy and will not be accepted. By 2010, the situation in the country could drastically change. For comments, we turned to the chief of the Legal Department of Business and Law "Andrew Miliutin: – To do or not do privatization of the toll – a complex question. It has been widely discussed since 2005. In my opinion while this has no direct assumptions. At the Kirov, a lot of old council housing, in which there are many poor people. For them the question free privatization is very relevant.