Monday, October 7, 2013


None of that socialistic housing for us;
Deputy Mayor Marat Khusnullin spoke against building affordable housing in Moscow, arguing that expensive apartments are a key ingredient in controlling migration rates.
Speaking to an audience of property developers and consultants at the annual Moscow Real Estate Forum on Friday, Khusnullin said that building affordable housing in Moscow would be strategically unjustified. He estimated that 5 million more people would arrive in Moscow if the prices per square meter in city apartments went down to $2,000 or $3,000.
The additional migrants would further increase the heavy burden on the city's transportation infrastructure, he said.
"Today the cost of housing, as paradoxical as it is, is a serious limitation on the growth of Moscow's population," Khusnullin said. "We do not need any more people. The affordable housing model does not work for Moscow."
Who do you think we are, San Francisco?

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