How to protect investor rights, commented in an interview with Femida.ua, the head of PROEKSP, President of the National Expert Construction Alliance of Ukraine Viktor Leshchynsky
In construction, the relationship between customers and investors, who must acquire property rights, must be transformed. This is all done simply – by involving insurance companies, or better yet, the state. We need to get as close as possible to the purchase and sale of property in a finished state.
The entire civilized world involves banking systems and insurance companies in construction companies. If you aim to obtain property rights in a house, office or apartment, you deposit funds in a bank that lends to a construction company at a minimum interest rate. – noted Viktor Leshchynsky.
The housing market is oversaturated – thousands of apartments are standing without owners. We need to stop the anarchy in the administration of builders by state bodies.
And also – to change people’s attitude towards the maintenance of their own housing, because they should take care of their own house themselves – its maintenance can be considered at the municipal level, because you pay taxes there, but the area of responsibility lies with the residents personally.
And at the state level – to conduct at least basic inspections of buildings and structures and understand what property the city manages – its condition, estimated value and prospects, – stated Leszczynski.
