Moscow’s local government project to build hundreds of thousands of new homes is likely to cause a supply glut, forcing private developers to cut back on their projects and depressing prices. Photo: AP

Moscow's new high-rise housing plan casts shadow over local developers

Topic |   International Property

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Moscow’s local government project to build hundreds of thousands of new homes is likely to cause a supply glut, forcing private developers to cut back on their projects and depressing prices. Photo: AP
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