Photo from UNIAN
About 70% of the market is now in the shadow, the official claims.
Ukrainian Minister for Regional Development, Construction, and Housing and Deputy Prime Minister Hennady Zubko has said the government is working on a bill to resolve the issue of rental housing in Ukraine.
"About 70% of the rental market in Ukraine is in the shadow. We are preparing a law that will allow us to lay down a set of rules in this field: what is a rented accommodation, how people can get in there and get a residence registration, how they can be evicted if they fail to comply with contractual terms," the press service of the government reported quoting Zubko as saying.
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"That is, a bank, an enterprise, any organization could spend part of the money to pay rent for its employees. This does not require the purchase of office apartments and their maintenance. This option is possible for the National Police and Armed Forces of Ukraine. The investors will give money for housing construction not for sale, but for rent. This makes it possible to build real estate and receive legal income from it," Zubko said.