Moscow housing will fall two years

Nedvizhimost17-12-2008 Moscow housing will fall two years from the editors: In our order came across an article well-known expert on marketing Stanislaus Kolobov. He not only predicts major fall in the real estate market, but also illustrates the reasons that made this meltdown inevitable. And the global financial crisis - is not its main cause. Despite the fact that the article itself is dated October of this year, the real situation on the market evolves in line with those trends, which outlined Kolobov, and, therefore, remains urgent. If only life (which is known to be a difficult thing) itself does not disprove the hypothesis of our author. This material was prepared a year ago, but even in spring 2008, shy individual forecasts the collapse in housing prices caused a condescending smile of market professionals - "it can not be determined". The rise in prices then beat all records and realtors thought, or wanted to believe it will last forever. Even now, when the obvious coming collapse, experts do not consider it inevitable, and those who admit such a possibility, argue that it would be small - about 20% - and short - no more than one year. But none of them can not convincingly justify their prediction. The question of housing prices into almost every - and myself included. I had to, professional marketers to become a volunteer analyst for the housing market and conduct their own research.