Every 50 minutes in Russia the housing of bankrupts is put up for auction, New Europe found out
Photo: SERGEI ILNITSKY/EPA Over the 9 months of 2025, 12.9 thousand residential properties were put up for auction: apartments and houses of Russians undergoing bankruptcy proceedings. On average, trades were announced every 50 minutes, the data department of New Europe found out. The number of personal bankruptcies is growing in Russia. In total, according to official data, 636 thousand people went bankrupt in 2025 - 31% more than in 2024.