Progressive tax will take not only for the extra apartments, and for square meters more than the norm

The authorities are preparing new Russians “gift” that is comparable only to that of the municipal reform and the notorious 100-percent payment of utility bills. Perhaps in the near future, all the owners of houses and apartments, who have a surplus of housing, will have to pay property tax on a progressive scale,...
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Construction of a five star hotel in the Red Square can destroy St. Basils Cathedral

The project to build a luxury hotel complex on Red Square threatened one of the most famous Russian architectural landmarks – St. Basils Cathedral XVI century, the British newspaper The Independent. (The full text of the article at Inopressa.ru.) Developers bought the XIX century shopping arcade at Red Square, 5, in...
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Expert: national project “Affordable housing” crash in 4-5 years

National project “Affordable Housing”, even if in the first stage, it seems successful, would collapse in 4-5 years. This opinion was expressed in the pages of “Spark” professor of the Higher School of Economics Ivan Rodionov. The fact that the low-rise construction – not such a cheap project....
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Dirty money from Russia bid up property prices and spoil the reputation of Jurmala

Jurmala, Latvias resort on the Baltic Sea, the once popular Soviet party functionaries flooded wealthy Russians. Now Russian tourists prefer to just relax here and have your own property is best house on the shore of the Baltic Sea. Interest in the new EU member exhibit and Europeans, German newspaper Handelsblatt (full text...
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A tax on real estate is transferred to a later date

The introduction of a single tax on real estate, which will replace the current paid property taxes of individuals and organizations and the land tax is deferred until at least 2009. It follows yesterdays report, the board of the Federal Real Estate Cadastre Agency (Rosnedvizhimost) head of the agency Michael Mishustina,...
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Elite in Moscow have no place to live: the quality of housing, “luxury” does not meet needs

As soon as prices for Moscow real estate began to slow their growth, sales of the most expensive apartments and town houses near Moscow seriously worried. The primary market for luxury homes usually lives by its own rules: It is home to most of the so-called investors – that is, those who purchase a property for resale....
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