Rental housing - lack of or falling prices?

Nedvizhimost20-01-2009 rental housing - a deficit or falling prices? What to expect in the rental market for housing? Do not inflame the demand for rental of "freezing" of most construction projects and the unavailability of mortgage? And the weakening of the ruble could cause an increase in rent. Experts' opinions differed. As told Bigness.ru Vice-President, Russian Guild of Realtors (RGR) Michael Gorokhovskiy in the pre-crisis period, the price of housing sales and rentals has been overstated. At present lease is in good working condition, he said. Annuity rates are falling, but in the near future this will stop, says vice-president of RGR. After all, he says, is now renting until the ruble. In connection with the weakening national currency, the landlords will now re-nominate the rental price in dollars. This will lead to nominal price increases in ruble terms. However, experts have another look at the situation, the more joyful for the tenants. PR-director of real estate agency Doki Ruslan Barabash Bigness.ru in an interview said that at present in absolute terms, rental rates are falling. Indicators to reduce the ruble prices show that the trend will increase until the second half of the year. At least until March-April increase in rental rates will not happen, I'm sure R. Barabash.