Sunday, October 2, 2011

Financial panic "spurred" cost per square meter

Nedvizhimost29-01-2008 financial panic "whipped up" cost per square meter The desire to cash in on "a strange mountain" referred to actions sellers of real estate experts. For the week of the crisis of financial markets of the Moscow square meter of housing price increased by an average of 2500 rubles. The unprecedented leap - not economic expediency or regularity. Apartment owners are obsessed with the desire to hit the jackpot "poappetitnee" in terms of falling financial markets. Recall that according to economic theory, the fall of stock exchanges, shares depreciation leads to the fact that funds from stock markets roamed into more stable assets. In Russia, the falling stock market investors prefer to invest in square meters. However, this process is slow, usually the consequences of the collapse of stock exchanges are felt only after several months. In the current conditions of the real estate market has reacted to the situation in the financial sector is too premature. According to principal analyst Real Estate Market Indicators (Earn) Oleg Repchenko, raise the price of home owners are not spurred the massive influx of investment from the financial markets in the real estate sector, and numerous conversations about their possible overflow.

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