Russian Army Plans Massive Land Auction

<p>In order to raise money to provide much-needed housing for its soldiers, the Russian Army has plans to auction of millions of dollars worth of property -- from huge mansions to entire towns.</p>
March 13, 2008, 7am PDT | Nate Berg
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"Newspapers in Moscow say the auction will include mansions, unoccupied land, and even whole towns."

"The purpose of the sell-off is to raise money to build much-needed modern housing for army officers."

"No fewer than 122,400 military families are said to be waiting for self-contained accommodation."

"Some have been on waiting lists for years."

"Going under the hammer will be 'fabulous mansions and guest houses, dilapidated garrison towns, unused shooting ranges and vast tracts of neglected land, on which no human has set foot for years'."

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Published on Wednesday, March 12, 2008 in BBC
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