Dmitry Medvedev sees housing price growth as problem

18 January 2008 (07:23)

'The growth of housing prices in Russia is a great problem. Dwellings became 22% more expensive over just nine months of 2007. As for the Urals, housing prices rose by 20% in terms of new homes, while existing home prices are even higher. At the same time, it became 21.5% more costly to put up one square meter of dwelling in January-September 2007, which is a problem, too,’ First Deputy Head of Government Dmitry Medvedev said in the course of a meeting on the top priority national project known as Affordable and Comfortable Housing to Russian Citizens in Tyumen.


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