Loan Modification

President Dmitry Medvedev?s government has acquired almost 2.5 million acres, an area larger than Cyprus, to promote construction of single-family homes and move Russians out of Soviet-style apartment blocks, the official in charge of the effort said.

To achieve that goal, the government will have to change the way people think about housing, said Alexander Braverman, general director of the property fund Medvedev created in 2008 to help developers build homes.