Modern economic realities and constantconfrontation with the West, reflected in the property market of the capital and other cities of Russia. It has finally become cheaper. But when will it fall to the maximum bottom before it starts growing again? To get an answer to this question, you need to delve into a more complex analysis.
How big is the price difference
Today in the dollar equivalent is cheaper inone and a half to two times compared to the same period in 2014. If we compare this indicator in the ruble equivalent, the figures will not be so great, but still the price drop in some cases can reach even 20% in relation to the previous year. At the same time, natural factors contributing to the reduction in the cost of apartments and houses in megacities, such as outflow of population or the invention of more affordable construction technology, yet.
Reasons and effect
What is the real reason for such a rapidfalls? Much in perplexity is looking for an answer to this question. After all, if there are no natural, regular factors of influence on the fall in housing prices, it follows that soon all financial cataclysms associated with sanctions and oil will run out and then again the cost will grow to disgrace. But the main issue at the moment is not the search for the causes of the fall, but in when the price of real estate in Russia's megacities reaches the maximum bottom before the beginning of subsequent growth. After all, while the apartments were not bought up by wholesale visionary investors and did not raise their price by their own demand, which means that the fall is still going on.
Adequate value for a long time
Conflict with the West, global depreciationoil, the devaluation of the national currency, the reduction of consumer ability and other challenges faced by modern Russia, many economists seem not just another round of the crisis of the capitalist architecture of the world, but a global redistribution of the generally accepted order of existence on the planet. In previous crises, real estate became cheaper and more expensive, so in 1998 it fell to the deepest bottom in the summer of 1999, in 2008 - in the summer of 2009. So, accordingly, many people are waiting for summer 2015 to start the global buying of apartments and houses in Moscow, St. Petersburg and other cities of Russia. But on the other hand, to compare cyclical crises, with the current world conflict is not quite farsighted and maybe real estate will never be the object of various speculations, but will simply be a dwelling for people with a fair price at this price.
