Ah, she's brilliant. Miss, I finally got plans out the group chat. We get it. Four votes for a festival,

three for a city break. It's hard to adhere to everyone's needs. There's Betty with her oversized

tent. Sarah and her six foot eight boyfriend.

All right.

Roger Junior and his dog, Roger Senior.

And don't get us started on Mel.

But, like a marriage counselor, she's the one keeping things together.

All aboard Miss I finally got plans out the group chat. Keep everyone's plans alive when you

travel with us. P, and O'Ferees, I on the world. I'm John Bachelor. To Moscow, to a curt

at Katerina Zolotova for geopolitical futures of subscription site I hardly recommend to speak of a housing bubble,

but not in the People's Republic of China, not in the United States of America, but instead in Moskva certainly and in

Russia generally speaking, especially urban dwellers, a housing bubble. How did this happen? What is to be done?

At Katerina, I get ahead of the story. The bubble is forming. What is the bubble made of?

How did it come to this?

Good evening to you.

Good evening, and this is connected

with the national programs that Russia actually has.

So everyone knows that Russia has very big problems with demographics and in order to support the birth rate

There was a decision to provide the population with some kind of cheaper

flats, cheaper apartments, we talk about the cities mostly here.

And the government decided to launch some projects

that would give some preferential loans, or better save mortgages, to the people to buy the flats.

...