The real estate market from the stock exchange is coming wave of panic

Nedvizhimost17-09-2008 The real estate market from the stock exchange is coming wave of panic Hurry, it's time to sell real estate. The farther they fall stock markets, the stronger will depreciate square meters, the general director of the analytical laboratory "Vedi" Alex Vedev. He is inclined to believe that the collapse of the securities will reduce the cost of real estate: "The problem is investors are not only what to do with the money now, however, and the stock market is good for shopping. The problem is that the real estate market is partly used for on-lending, it gave bail. Because now the absolute lack of liquidity, these liens can simply be implemented by banks, then there can be movement toward a sharp drop in prices of mortgage ", - he said in an interview Bigness.ru. If we talk about the stock market, bonds, assuming that the stock panic, the money becoming more expensive all the stronger by the day, therefore, worthless, and all liens, continue to our expert. "A number of banks, finance companies, which are tied to financial markets, will sell bonds, to avoid technical defaults", - said A. Vedev.