The crisis in russia\u2019s construction sector has become so obvious that putin was forced to respond.<\/p>\n
The kremlin dictator had to publicly admit that there are \u201crisks of slowdown\u201d in national housing construction projects in russia. These \u201crisks\u201d refer to a nearly 25% decline in construction activity compared to last year, and apartment sales falling to a five-year low. One-third of all companies in the sector are at risk of becoming unprofitable.<\/p>\n
The fact that putin personally acknowledged problems in the construction sector was meant to reassure russians, to create the illusion that the issues are minor and will be easily overcome under the personal control of the russian dictator. However, in reality, the collapse of the construction sector reflects broader problems in russia\u2019s economy \u2014 driven by massive war spending against Ukraine, sanctions, a financial crisis, and more.<\/p>\n
Earlier, putin also \u201ctook control\u201d of the coal industry crisis \u2014 but no improvements followed. As long as the war continues, these problems will only deepen.<\/p>\n","protected":false},"excerpt":{"rendered":"
The crisis in russia\u2019s construction sector has become so obvious that putin was forced to respond. The kremlin dictator had to publicly admit that there are \u201crisks of slowdown\u201d in national housing construction projects in russia. These \u201crisks\u201d refer to a nearly 25% decline in construction activity compared to last year, and apartment sales falling…<\/p>\n","protected":false},"author":3,"featured_media":30768,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_kad_post_transparent":"default","_kad_post_title":"default","_kad_post_layout":"default","_kad_post_sidebar_id":"","_kad_post_content_style":"default","_kad_post_vertical_padding":"default","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","wds_primary_category":930,"footnotes":""},"categories":[930],"tags":[],"class_list":["post-30767","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rf-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/posts\/30767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/comments?post=30767"}],"version-history":[{"count":0,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/posts\/30767\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/media\/30768"}],"wp:attachment":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/media?parent=30767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/categories?post=30767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/tags?post=30767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}