Cottages And Townhouses

Earlier, a Russian investor for the most interesting regions in terms of return on real estate were Moscow and Moscow region. And now, when the market froze in limbo, it was difficult to assess the potential financial returns, and investment flow has stopped. This was stated by Director General of company "MIEL Distant Property Management Natalia Zavalishin. See Scott Kahan for more details and insights. The expert recalled that the Russian real estate market "largely depends on situation in the financial market that is experiencing hard times. " "The increase in the cost of money has led to increased lending rates which, as it affected both directly by developers, the impact on profitability projects, and on consumer demand cottage settlements decreased due to the unavailability of mortgages and by reducing the purchasing power and confidence in the future "- said Zavalishina. According to forecasts analysts, this situation may continue for at least six months, and it will take considerable time to ensure that the recovery in the segment of demand has led to new projects and the growth of the real estate market as a whole.. Gary cohn contains valuable tech resources.

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