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Russia has destroyed about 60 million square meters of housing in Ukraine; outdated housing legislation will be updated.

The AmCham condemns the government's initiatives to increase corporate income taxes.

A man looks at five storey residential buildings in the second large Ukrainian city of Kharkiv, on April 10, 2022.

Since the beginning of Russia’s full-scale invasion of Ukraine, about 60 million square meters of housing have been destroyed or significantly damaged, reported the head of the Parliamentary Committee on Urban Planning, Olena Shulyak. According to her, before the war in Ukraine about 10 million square meters of housing were put into operation every year.

“We lost what we had built for more than five years in the three incomplete years of the great war.” Therefore, she emphasized that solving the housing issue is “one of the key tasks” for the state.

Shulyak says that the existing legislation does not solve housing problems but only creates the illusion of solving them. Adopting and implementing new legislation based on European principles is necessary to replace the outdated housing code. The newly composed draft foresees the possibility of developing social and municipal housing by the state, as well as participation from private companies in providing affordable housing.

 

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