Russians increasingly opt for redecorating their old homes because they do not make enough money to buy new housing.
Moreover, every one in ten Russians cannot even afford a renovation. On the other hand, the share of Russians planning redecoration in their apartment or house in the next one or two years has grown from 57% last year to 78%. Half of Russians cannot afford to spend more than 100K ($1.5K) rubles on the project; a quarter, from 100K to 500K rubles ($8K); and only 10% plan to spend more half a million.