into the house.The Russian Federation explained the high housing prices in the Far East

The cost of erecting a square meter of standard housing in the regions of the Far Eastern Federal District reaches 100 thousand rubles and above, while in neighboring Siberia it is about 60 thousand rubles. This was stated by the Deputy Chairman of the Board of DOM Bank.Russian Federation Anton Medvedev during the WEF-2025.

According to Medvedev, one of the main reasons is the high cost of delivering building materials to remote regions of the Far Eastern Federal District. In some regions, costs can reach 35% of the final cost of building materials for developers. In terms of current construction volumes of about 7.5 million square meters. localization of building materials production in the region is economically justified.

The second factor affecting the cost of construction remains the shortage of personnel, Medvedev said. He noted that no major project is complete without the involvement of specialists from other regions, and sometimes even countries. "This increases competition for labor resources with cities with millions of inhabitants. As a result, we see faster wage growth, which also affects the cost of construction," Medvedev stressed.

To solve the problem, according to him, it is important to continue to comprehensively develop the educational base for personnel training in the Far Eastern Federal District. In addition, creating more attractive working and living conditions, as well as increasing the prestige of construction professions, can solve the problem, said the deputy chairman of the Board of DOM.RF Bank.

The regions of the Far East continue to increase the volume of housing construction, despite the general decline in the market, it was previously reported. About THE HOUSE calculations.In the Russian Federation, the figures have more than tripled in five years, and in 2024, a record 4.7 million square meters were commissioned in the district. The main drivers of demand are Far Eastern mortgages and projects with developed infrastructure.

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