Building affordable housing in Russia

­Aleksandr Braverman – Director General, Russian Housing Development Foundation

Russia’s biggest cities are going through a construction boom. Thousands of brand new buildings go up every year, and the real estate market keeps growing. Even so, it is not enough, and the Russian government wants to double residential development in the next five years.

Is it possible? Or was the statement just a pre-election rhetorical sweetener? What’s the big picture for Russian real estate? We put these points to the director general of the Russian Housing Development Foundation, Aleksandr Braverman.