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Old 03-12-2008, 04:58 PM
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News Russia to sell property including towns to raise military funds

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Property sell-off by Russian army


The Russian army is set to raise money by auctioning off some of the property it owns, according to reports in the Russian press.
Newspapers in Moscow say the auction will include mansions, unoccupied land, and even whole towns.

The purpose of the sell-off is to raise money to build much-needed modern housing for army officers.

No fewer than 122,400 military families are said to be waiting for self-contained accommodation.

Some have been on waiting lists for years.

Under the hammer

The daily paper Izvestia says more than 20 properties near Moscow, St Petersburg, Kalininigrad and Vladivostock will be up for grabs in the first auction, on 8 April.

Going under the hammer will be "fabulous mansions and guest houses, dilapidated garrison towns, unused shooting ranges and vast tracts of neglected land, on which no human has set foot for years".

The property owned by the army is extensive, and its total value has been estimated at 300 billion roubles (£6bn).

But there is less need for garrison towns, now that army numbers have dropped from four million men to 1.1 million in recent years.

Military spending, though, is on the increase, with this year's total expenditure of £35bn set to rise by a quarter in the next two years.

President-elect Dmitry Medvedev has identified the improvement of housing as one of his four "national projects".

One army officer, who refused to give his name, responded to the auction plan by saying: "I didn't know the army had anything left to sell. I thought it had all been stolen long ago."

http://news.bbc.co.uk/2/hi/europe/7291540.stm
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Old 03-12-2008, 05:56 PM
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We ought to buy all of it and set up military bases on it...
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Old 03-12-2008, 06:03 PM
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We ought to buy all of it and set up military bases on it...
Nuclear missile silo's
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Old 03-12-2008, 08:29 PM
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Michael Jackson should buy some of the property, and build a new Neverland ranch.
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Old 03-12-2008, 08:40 PM
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Let's build a brothel
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Old 03-12-2008, 08:43 PM
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Yeah all that fine untouched Russian cooter...
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Old 03-12-2008, 08:46 PM
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They sell 'em to us anyway


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Old 03-12-2008, 08:47 PM
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I actually know someone that got one..
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Old 03-12-2008, 08:51 PM
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do any of them have a lease with an option to buy deal?
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Old 03-12-2008, 08:53 PM
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i think its called a fiancee' visa...
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Old 03-12-2008, 09:03 PM
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Unused land on which nobody has set foot in years? Is that because some chemical or biological weapon was tested there, perhaps the military will forget to mention?
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