Article 6R9WV Amid sky-high rent in Moscow, Russians accept incentives to buy rural property — at a cost

Amid sky-high rent in Moscow, Russians accept incentives to buy rural property — at a cost

by
editors@theworld.org (Levi Bridges)
from The World: Latest Stories on (#6R9WV)

In Russia, interest rates for home mortgages are way up. But the Russian government has created a workaround. The catch is, you have to be willing to move out of the city, and into the hinterlands. And once you opt in, you have a vested interest in preserving the status quo of an authoritarian government. Levi Bridges reports on how Russians are navigating their economy in the shadow of ongoing war.

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