The prices for Moscow real estate will collapse after the five-story building

Nedvizhimost09-01-2008 prices for Moscow real estate will collapse after the five-story building to fight the deficit of construction sites in Moscow will be the massive demolition of "old" housing. Until 2014, Moscow authorities are planning to bulldoze not only "Khrushchev," but also the building with wooden beams. Builders 'licked': more of the areas under construction - more apartments for sale. This means that prices for Moscow real estate can popolzti down. Now the capital is experiencing an acute shortage in the area. At the same place demolished low-rise can be built is ten times more apartments due to the construction of skyscrapers. It is also worth bearing in mind that investment in infrastructure in this building are minimal - all have long been ready. Vice-president of Builders Association of Russia, Vladimir Ponomarev shared Bigness.ru, that the new buildings that will rise five-story building on the site, will knock the price almost doubled due to the capital program. "The government of Moscow is interested in how to regulate prices. It is going to bear the costs for the engineering infrastructure, in addition, plans to give builders building plots for free, "- said Ponomarev.