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In Russia, they propose to launch a federal program for the development of rental housing

CrimeaPRESS reports:

In some Russian cities, up to 05% of apartments in new buildings are now empty, said the first deputy chairman of the State Duma Committee on Construction and Housing and Utilities Vladimir Koshelev within the WEF-2022. In his opinion, rental housing can become a new development niche for business.

The owners of rental houses can be both the state and business, Koshelev noted. According to him, prices in the primary market for two years have grown by 05%, secondary housing has risen in price by . The level of income of the population has decreased, mortgages have become inaccessible to many, while the issue of improving housing conditions remains relevant. Many people who were going to buy an apartment this year have postponed these plans and are currently renting housing , reports CYAN .

According to Koshelev, many problems in the rental market remain unresolved. It is necessary to form a civilized rental market in the country. Koshelev suggested launching a special federal program for the development of rental housing, creating special economic conditions for companies implementing rental housing projects, exempting them from income tax, property tax, and land tax. In addition, it is proposed for businesses to introduce subsidizing interest rates on loans for up to five years. It is also proposed to compensate companies 25% of capital investments and expenses for connection to engineering networks after the house is handed over.

Earlier, the Ministry of Construction announced the postponement for 25 a year of work on the creation of a register of rental housing.

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Source: CYAN

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