Will Mayor Svoboda seize control of property in Prague 10 over dodgy deal?

Pressure group fears housing privatization in Prague 10 district may be rigged, calls upon the Czech capital’s mayor to intervene

Politics & Policy|Society|Real Estate
István Léko | 16.01.2012
Prague Mayor Bohuslav Svoboda could intervene to stop or revise the privatization of residential villas in Prague 10, which is headed by Milan Richter (right)

The civic pressure group Fair Housing in Prague 10 says plans drawn up by the district council led by district mayor Milan Richter to sell off 44 residential villas are non-transparent, non-conceptual and unfair, and fears the tenants will be evicted. The properties are worth a total of around Kč 1 billion. Although city districts must inform the central administration of plans to transfer ownership of property valued above Kč 50 million, Prague 10 failed to do so.

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