Russians Buy New Apartments Built on Mariupol Ruins with 2% Mortgages

Russians are purchasing newly built apartments in Mariupol, where extensive destruction occurred during the war, with mortgages offered at interest rates as low as 2%. The subsidized financing is helping attract buyers as construction reshapes parts of the city. The policy has drawn criticism because the developments stand on land and neighborhoods affected by conflict and displacement. The housing program reflects Moscow’s effort to promote reconstruction and demographic change in Mariupol while presenting the city’s redevelopment as evidence of recovery.