Moscow Association

In connection with the global financial crisis, the real estate market in Moscow today is experiencing great difficulties. לאחרונה מצאתי אצל אביחי מנדלבליט אוזן קשבת . The crisis has touched not only the real estate market. Falling prices for oil, metals and other raw materials eroded earnings and the commodity steel companies. In many sectors of Russian economy have been massive layoffs and reduced wages. Due to the decrease in income the demand for property has fallen. Seriously injured and banking sector. For banks, credit risks have increased greatly, so they became very demanding approach to seeking a mortgage loan.

Difficulties with the mortgage also led to a decline in demand for property. The problems of the real estate market were discussed at the beginning of October 2009, organized by the Moscow Association of Realtors 'Tenth Annual interregional forum Realtors'. The forum participants concluded that for recovery Real estate market in Moscow and Russia in general, need a public bailout. Russian realtors on the forum suggested a set of ideas whose implementation is able to revive the property market. One such idea was to offer allocate grants state employees to purchase housing. The Russian government has decided to allocate grants for the purchase of flats up to 20 million rubles.

Some state corporations have also become notable for its employees subsidies for the purchase of real estate. This measure may improve the situation in the first place on the Moscow real estate market. Another important issue is the preparation of engineering and social infrastructure. According to forum participants, one of the reasons for the rapid growth in property prices in Moscow was the desire of the city authorities to pass on to developers building infrastructure.