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RIDDLE: Why Russia’s housing market defied the mortgage subsidy collapse
By Vladislav Inozemtsev for Riddle In early July 2025, a year had passed since the end of Russia’s subsidised mortgage ...
The December 2024 catastrophe left the Krasnodar resort town without tourists. Hotel bookings for June-July 2025 dropped by 30-70 percent compared to the same period last summer.
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