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

Posted on Oct 17, 2012

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,...

Construction of a five star hotel in the Red Square can destroy St. Basils Cathedral

Posted on Oct 15, 2012

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...

Expert: national project “Affordable housing” crash in 4-5 years

Posted on Oct 12, 2012

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....

Dirty money from Russia bid up property prices and spoil the reputation of Jurmala

Posted on Oct 10, 2012

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...