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By Rodrigo Santos Andrade
Russian building downturn leaves Moscow apartment buyers in limbo
visibility comment0 event June 24, 2026 timer 04:04
Fueled by state-backed mortgages, a record volume of housing was built across Russia in 2023, but a rollback of subsidies and high borrowing costs have since hit builders in a broader economic slowdown as war with Ukraine drags on.
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