Information Group (part of an investment holding company FINAM) held a conference to the crisis: a growing economy. Its members believe that the significant decline in real estate prices would make a factor of accelerated recovery of the market. However, now the prerequisites for a noticeable drop in the value of the assets in this segment is not.
The experts believe that the crisis in the real estate market in the coming months may continue. Indeed, a noticeable drop in housing prices in the Russian Federation took place only in dollar terms. To increase the demand for this segment should be a further reduction in real estate prices, for example, by 30-50% in real terms. Construction companies need in this situation to increase its effectiveness State - to mitigate the negative for the business components of the process, reducing, for example, costs the industry to overcome administrative barriers, construction companies providing non-marketable long-term loans, - recommends that the chief economist of the Criminal Code Finam Management Alexander Osin.
The head of analytical department of Sovlink Michael Armyakov believes that the preconditions for a substantial reduction of prices on the real estate market is not: It should be borne in mind that real estate - not a liquid asset, to collapse by 70-80%. Therefore, unless there are significant changes in the existing structure of the industry, the price could go down another 10-15%, not more. For a more serious decline in the prices needed some more serious reasons: for example, changing the taxation of residential property. If higher taxes lead to that the possession of a large number of investment apartments would be too costly, it could lead to an increase in sentence.
The decline in prices is possible only in case of crisis in the economy as a whole, leading to mass implementation by banks of their collateral. Real property - far more catalogs than most illiquid shares. No wonder mortgage banks are in good concessions to debtors, not just to get the balance of these flats. But an aggressive seller in the sector is not, so the prices are there, or near where they stood . If the seller appears, for example, this may be the same banks, selling bonds en masse, the price will go down - I am sure the head of analytical department of the CC Ingosstrakh-Investments Eugene Shago.
With this view agrees Mr. Osin, which does not preclude the formation of the real estate market a long-term downward trend: The decline in real housing prices from current levels is possible as a result of clearing bank balance sheets, and — in the longer term - as a result of movements in investment flows in the manufacturing sector investment, increase public investment in construction, improve the quality of administration, increase taxes on unnecessary housing conditions, need to find additional sources of budget financing. However, the economist recognizes: Real Estate in Russia - one of the basic tools flight to quality , reliable asset. The state seems to support prices in this segment within the overall policy of smoothing the negative impact of the crisis.
Most experts believe that the State should focus on infrastructure development. For example, the director of analytical department of Bank of Moscow Kirill Tremasov said: The decision of the housing problem - it is the task of government and the main ways to set out in any textbook: increasing competition in the market, reducing administrative barriers to investment in public infrastructure (land, roads, communication .)
Preconditions for a substantial reduction in real estate prices are not
Information Group (part of an investment holding company FINAM) held a conference to the crisis: a growing economy. Its members believe that the significant decline in real estate prices would make a factor of accelerated recovery of the market. However, now the prerequisites for a noticeable drop in the value of the assets in this segment is not.
The experts believe that the crisis in the real estate market in the coming months may continue. Indeed, a noticeable drop in housing prices in the Russian Federation took place only in dollar terms. To increase the demand for this segment should be a further reduction in real estate prices, for example, by 30-50% in real terms. Construction companies need in this situation to increase its effectiveness State - to mitigate the negative for the business components of the process, reducing, for example, costs the industry to overcome administrative barriers, construction companies providing non-marketable long-term loans, - recommends that the chief economist of the Criminal Code Finam Management Alexander Osin.
The head of analytical department of Sovlink Michael Armyakov believes that the preconditions for a substantial reduction of prices on the real estate market is not: It should be borne in mind that real estate - not a liquid asset, to collapse by 70-80%. Therefore, unless there are significant changes in the existing structure of the industry, the price could go down another 10-15%, not more. For a more serious decline in the prices needed some more serious reasons: for example, changing the taxation of residential property. If higher taxes lead to that the possession of a large number of investment apartments would be too costly, it could lead to an increase in sentence.
The decline in prices is possible only in case of crisis in the economy as a whole, leading to mass implementation by banks of their collateral. Real property - far more catalogs than most illiquid shares. No wonder mortgage banks are in good concessions to debtors, not just to get the balance of these flats. But an aggressive seller in the sector is not, so the prices are there, or near where they stood . If the seller appears, for example, this may be the same banks, selling bonds en masse, the price will go down - I am sure the head of analytical department of the CC Ingosstrakh-Investments Eugene Shago.
With this view agrees Mr. Osin, which does not preclude the formation of the real estate market a long-term downward trend: The decline in real housing prices from current levels is possible as a result of clearing bank balance sheets, and — in the longer term - as a result of movements in investment flows in the manufacturing sector investment, increase public investment in construction, improve the quality of administration, increase taxes on unnecessary housing conditions, need to find additional sources of budget financing. However, the economist recognizes: Real Estate in Russia - one of the basic tools flight to quality , reliable asset. The state seems to support prices in this segment within the overall policy of smoothing the negative impact of the crisis.
Most experts believe that the State should focus on infrastructure development. For example, the director of analytical department of Bank of Moscow Kirill Tremasov said: The decision of the housing problem - it is the task of government and the main ways to set out in any textbook: increasing competition in the market, reducing administrative barriers to investment in public infrastructure (land, roads, communication .)
Department of Public Relations and Media Investment Holdings FINAM.
The course has increased the dollar - a daily review of the cash markets
Eldorado claims that the criminal case against her former top-manager is not related to current business network
China in May, increased investments in the United States gosbumagi to 801.5 billion USD
At 16.00 Moscow time the volume of trades in the market for government securities MICEX was 21.22 billion rubles
In the future impact on the markets reporting Citigroup and macroeconomic statistics from abroad
The highest increase is observed in the actions of the metallurgical sector
Overview of the oil market for 16.07.09
Today both varieties of black gold slightly desheveyut
Rising oil prices has been associated primarily with the substantial weakening of demand for dollars