
Mortgages set to rise by 2008
The amount of mortgages will increase 7.6-fold by 2008 compared with 2004, to RUR 151 billion (about $5.3 billion) according to the "Affordable and Comfortable Housing for Russians" project, Yuri Tyrtyshov, deputy head of Russia’s federal agency for construction and housing and communal services, said at a conference on Wednesday.






















