Construction Association suggested building economic housing to replace old-style dwellings

The economic housing should appear no later than in 2011 and satisfy the population's demand for the real estate, the Board of Directors of the Ukrainian Construction Association (UCA) came out with such a proposal.

"Now, there is a great demand for the housing. Otherwise, in 2011 we can face the fact that demand exceeds supply", UCA head Lev Partskhaladze said explaining that the matter concerns a standard housing of the economic class by the type of the Stalinkas and Khrushchevkas.

"We envisage apartments from 25 to 100 meters. The term of exploitation will be like with the 'Khrushchevskas' - up to 50 years. And the cost should be fixed in the hryvnia without fail, so that it does not depend on the currency rate", Partskhaladze said. 

At 2009-end, the Regional Development and Construction Ministry forecasts a 50% drop in putting the housing into service.