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 When will there be a crisis in the real estate market?

In one part of the market they argue about the crisis, the preconditions for which are absent, in another part of the market they expect an unreasonable increase in the cost of housing. How many times have you heard about "an impending crisis in the real estate market"? Probably a lot. But all this "grandmother said in two: it's either rain or snow, or it's not..." When will there be a crisis in the real estate market?

Remember: in 2008 we expected a strong decline in prices for Russian real estate, but this did not happen. And what can we say about the current times, when the crisis does not smell? And the decline in real estate prices without a general economic crisis in the country can not begin!

You can still invest in real estate, and it will be the most reliable way to invest for many years to come. Especially now, when everyone expects a catch in the form of crisis on the part of the Russian economy. Those who have savings are trying to invest them in housing, which means that demand is increasing and more and more transactions are taking place.

There is a good demand for green areas, either secondary market housing or new buildings with well-thought-out infrastructure. Such complexes are convenient - everything is nearby, conditions for residing are very comfortable. Therefore, more and more Muscovites strive to buy an apartment in them. And so their prices will rise steadily - along with the usual rise in inflation.

But the highly overvalued cost of some new buildings (mostly elite) is already beginning to be adjusted, but the decline is difficult to call, rather, adapting to market prices.

The cost of economy housing, mostly in the secondary market, will continue to grow - slowly but surely. Although by 2018 the Russian president promised to build enough economy class real estate to reduce prices per square meter by 20%. When will there be a crisis in the real estate market?

Mortgage also affects the demand - those who previously could not afford dubai penthouses to buy an apartment, now successfully concludes contracts with banks. This means that demand is actively growing and will continue to increase with the development of mortgage programs. So, if you emaar beachfront are going to buy or sell an apartment - do not worry, there will be no crisis. Remember the golden rule of modern economics: the more we prepare for the crisis, the less likely it will be at all.

However, there are crooks and there have always been - in crisis or calm time. And the best protection against them is to apply to madinat jumeirah living a reliable real estate agency, which will help to complete the deal correctly.