Putin to discuss low-rise housing construction

MOSCOW, July 22 (Itar-Tass) -- Prime Minister Vladimir Putin will
visit the town of Stupino near Moscow on Friday to discuss low-rise
housing construction in the country.
The government press service said low-rise housing provides numerous
advantages as the use of modern prefabricated units can reduce
construction time to one-six months, abandon heavy hardware, employ small
businesses and thus promote competition.
However most Russians lack savings to afford a private house. "In
conditions of limited financial solvency of the population the
construction of housing for rent can become a new mechanism to improve
living conditions," the press service said.