| Summary: | Mass housing across the former Soviet Union is in varying states of disrepair, having lasted much longer than it was expected to when built in the 1960s. Treatment of the buildings varies greatly depending on context, as some are replaced, others are renovated, and many are neglected. But in most places, residents own their apartment units, having obtained them at a minimal cost following the collapse of the USSR. While this leaves many apartment owners responsible for common amenities that they don’t have the means or incentives to maintain, it also puts them in a position to leverage the latent value of the Soviet structures they live in.
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