Russia: because real estate investments have slowed down
Russia: because real estate investments have slowed down. It seems that this is not the ideal period for Russia in terms of investments. Despite the recent World Cup, which should have brought greater economic visibility in the opposite country, always in the US, Russia seems to be in sharp decline in real estate, compared to previous years.
If you want to look for a flat in Russia, you could be a white fly!
Let's find out why!
In 2018, less than 13 billion less were invested in Russian brick compared to 2017.
The causes are many but certainly include in this category the devaluation of the ruble by 10% and the volatility of the money market.
The new US sanctions have also brought numerous limitations and generic skepticism to potential investors, who have opted for other regions.
In the first half of the year, the residential sector initially received particular attention, around 35% of real estate.
But this was not enough compared to last year's parameters.
Reason why Russia is trying in every way to revive the brick market by lowering the price of houses and increasing rents.
It is also estimated that the nation wants to face this economic-political crisis through state funding oriented to the construction of new business centers to attract wealthy and wealthy people ready to invest.
There is a general mistrust caused by the diplomatic tension between Trump and Putin, which, like all international political issues, irreversibly pour into the economic world.
Investors therefore are divided into two macro categories.
Those who do not want to be influenced by this pessimism and invest significantly given the absence of competition and the wide range of choice (as well as lower prices), and the more fearful investors who fear a depreciation of the property and inability to support costs hypothetically lacking a valid economic return.
What will be the decisive turning point?
Will it be possible to escape from this deadlock?
According to the statistics, the answer is positive, considering the fast global economic trend that, even if slowly, will also invest Russia bringing a radical interest in the real estate sector.
If you want to look for a flat in Russia, you could be a white fly!
Let's find out why!
In 2018, less than 13 billion less were invested in Russian brick compared to 2017.
The causes are many but certainly include in this category the devaluation of the ruble by 10% and the volatility of the money market.
The new US sanctions have also brought numerous limitations and generic skepticism to potential investors, who have opted for other regions.
In the first half of the year, the residential sector initially received particular attention, around 35% of real estate.
But this was not enough compared to last year's parameters.
Reason why Russia is trying in every way to revive the brick market by lowering the price of houses and increasing rents.
It is also estimated that the nation wants to face this economic-political crisis through state funding oriented to the construction of new business centers to attract wealthy and wealthy people ready to invest.
There is a general mistrust caused by the diplomatic tension between Trump and Putin, which, like all international political issues, irreversibly pour into the economic world.
Investors therefore are divided into two macro categories.
Those who do not want to be influenced by this pessimism and invest significantly given the absence of competition and the wide range of choice (as well as lower prices), and the more fearful investors who fear a depreciation of the property and inability to support costs hypothetically lacking a valid economic return.
What will be the decisive turning point?
Will it be possible to escape from this deadlock?
According to the statistics, the answer is positive, considering the fast global economic trend that, even if slowly, will also invest Russia bringing a radical interest in the real estate sector.
