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- Housing in Russia123:
- 65% of Russians live in apartments, 31% in private houses, and 4% in dormitories.
- Almost 92% of housing stock is owned by the population.
- Russia has a high house-price-to-rent ratio.
- Challenges include degradation of mass market housing stock and a shortage of new affordable housing supply.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Housing in Russia reflects the country's history, geography and traditions. According to Russian Public Opinion Research Center from 2020, 65 percent of Russians live in apartments, 31 percent in a private house and 4 percent in dormitories. [1]en.wikipedia.org/wiki/Housing_in_RussiaWith almost 92 percent of its housing stock owned by the population, it is a large market for domestic and foreign clients. The growth in house prices is higher than that in rental rates, resulting in Russia ranking among the countries with the highest house-price-to-rent ratio worldwide.www.statista.com/topics/6427/real-estate-market-i…Affordability of housing for families in Russia faces two major challenges: (i) ongoing degradation of mass market housing stock built in 1960-80s; and (ii) shortage of new affordable housing supply which caused housing prices growth, making houses less affordable for those in need.www.ndb.int/project/affordable-housing-and-urban … What does the typical Russian home look like?
Housing in Russia differs from what you find in Europe or the U.S. The forms of ownership, communal and private spaces, balconies as a luxury, and noisy neighbors behind thin walls – these...
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