Careful! Renovation!

The article shows the economic essence of the program of housing renovation in Moscow, its harm for the country, Moscow and Muscovites, as well as its attractiveness for developers. The author considers defects of the property right to the earth and their influence on real estate cost. It is put questions of restriction of number of storeys of the housing estate and the termination of construction of housing in Moscow, the removal from its composition of the territories being outside the Moscow ring Road, as well as the termination of the processes of deindustrialization of the capital and the development of industrial production. Need of the balanced development of all territory of the Russian Federation, development of Siberia and the Far East, development of the industry and agriculture is emphasized.