A construction crisis is unfolding in Russia due to the suspension of preferential mortgages and the removal of interest control. The construction of residential facilities has been halted in the temporarily occupied territories of Crimea and eastern Ukraine.

A crisis in the construction industry is unfolding in Russia, which is already being felt in the temporarily occupied territories. This is reported by the Center for National Resistance, UNN reports.

Due to the crisis in Russia, the government stopped preferential mortgages and removed control over interest rates. As a result, developers began to stop building projects,

– the statement said.

Details

It is noted that the construction of residential buildings in the TOT of Crimea and eastern Ukraine has already been stopped. At the same time, construction workers brought to the east from other regions are not allowed to leave their resettlement areas (dormitories).

Recall

In 2024, Russia "nationalized" at least 1,200 properties in occupied Crimea. Most of the seized property is resort complexes and commercial real estate owned by Ukrainian businessmen.