Location, location, location…Luxury apartments on sale now for 25 cents on the dollar…in Donetsk

Wednesday, January 8, 2020
Location, location, location…Luxury apartments on sale now for 25 cents on the dollar…in Donetsk

Location, location, location…Luxury apartments on sale now for 25 cents on the dollar…in Donetsk. Spektr, a Russian language news site, offers a rare look at “How private business in the DPR and LPR works.” Cash and ‘krisha’ –political protection – are hallmarks. Growth opportunities: 7-seater vans to take retirees across the line of control to get their Ukrainian pensions — and apartment sitting. “Leaving a luxury property without oversight can be dangerous,” the article writes. “This has resulted in the creation of a new job – Donetsk residents have been setting themselves up as supervisors of posh apartments. They live in them and receive salaries equal to doctors or teachers.”

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