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Russia should develop rented housing market

We should develop the institutes of professional management companies in the housing and public utility sector

ISTRA (Moscow region), April 16 (Itar-Tass) —— Russian Prime Minister Vladimir Putin believes that Russia should develop the rented housing market. “For this purpose the creation of specialized companies should be promoted and the tax legislation should be improved,” the premier noted.

The scope of measures, which guarantee the rights of long-term renters, should be fulfilled, Putin said. “People, who rent the flat, were confident that they will not be asked to evict from the housing in violation of all agreements,” the prime minister noted. Putin also urged the participants in the meeting not to forget about the formation of the social housing market and to give close attention to the maintenance and repairs of the current housing fund.

“We should develop the institutes of professional management companies in the housing and public utility sector,” the premier believes. Putin emphasized that the insurance of liability of such management companies should be provided.

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Top stories from the Russian press on Saturday, April 27th

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