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It exhibits that compared to the 2 previous cycles, the current one remains very short in size and unimpressive in magnitude. To reach the historical averages, the true estate market would want to maintain rising for another 7 years, and with a lot sharper annual appreciation. Ms. Kotova, and tens of thousands of different Russians who are required to supply such a document to sell property, don’t have any historical past of mental illness. The certificates, which must be signed and stamped by a doctor, is a legal protection against a pervasive drawback in Moscow actual estate deals: rampant fraud and weak courts.

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