Muscovites are afraid of the collapse of the ruble and started to buy apartments


Photo: Vladimir Song / RIA Novosti

In Moscow secondary housing market has returned non-professional investors — people who buy apartments for the sole purpose of saving funds. This is stated in the message of Agency “INKOM-real Estate”, submitted to the House on Monday, September 10.

In the previous three years, the activity of this category of buyers in the capital was zero — all purchases were made only when necessary, to improve personal living conditions, stress analysts. Currently, approximately 12 percent of transactions with second-hand apartments make buyers pursuing “savings” goals.

According to experts, activization of investors-fans contributed to the decline in interest rates on Bank deposits combined with the end of a protracted period of falling prices in the “secondary”. In addition, citizens once again began to invest in real estate because of the instability in the financial sector, the weakening of the ruble and threats of sanctions against the largest state banks.

“At the moment in the Moscow secondary housing market has formed a pool of buyers who prefer to convert savings in square meters, but not to carry to the Bank, — stated in the message. — These people are relatively few — at times less in absolute terms than in 2014. Among them, no those who have invested in luxury housing. Still, the share of so-called conservative investors in present, obvious and palpable”.

The most popular object among buyers who acquire housing for savings, a one — bedroom apartment of economy class in the building near subway, according to INKOM.

In late August, it was reported that the amount of supply of the secondary housing in Moscow is gradually reduced. In July of apartments for sale was 12 percent less than in June. In late summer, buyers are offered 22,3 thousands of objects, or about 1.7 million square meters, a secondary property within the old boundaries of the city.

Video, photo All from Russia.


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