Originally Posted At Economic Pravda on July 24, 2018, author – Olena Medvedieva
The construction market has been captured by a system that lives not by the law, but by its own rules. The system consists of a clan of government officials who want to have their share from each construction site, and a clan of major developers who provide this share, but require their interests to be served.
There is an unfortunate sign in big Ukrainian cities: if a large housing development begins at some place, you are in for activists protesting with banners.
Alas, according to the local market rules, even those developers who are willing to offer a high-quality and inexpensive product to the consumer will be forced by other players to break the law and eventually wind up the price.