Good ACCOMMODATION for a good PRICE!!! - News about real estate, Kiev, Kyiv region. Real Estate In Ukraine

Good ACCOMMODATION for a good PRICE!!! - News about real estate, Kiev, Kyiv region. Real Estate In UkraineGood housing will not be cheaper, it's growing, and will only...Good housing will be cheaper"Good housing will not be cheaper, it is growing and will only grow", - said the President of the Union real estate professionals Alexander Rubanov.He believes that the price of luxury housing will grow on average by 15% until the autumn of 2009, while the cost of housing economy class on the secondary real estate market could decline by 20-35%. By this time the cost of housing, business class will be reduced by 10-15%.In General, according to experts, the situation with prices on the real estate market stabilizes in October-November 2009.With the position Rubanov about the inability of lower prices for luxury housing agree the President of the Association of real estate professionals (realtors) Alexander Bondarenko. However, he excludes the possibility of a collapse of housing prices of any segment. "To say that the prices will crash, I wouldn't, it's unlikely," - said Bondarenko.He noted that currently the real estate market, there is an imbalance between real estate prices and growth rates of incomes of the population and too high interest rates of banks on mortgage loans.However, Bondarenko predicts stabilization of the market in the spring of 2009, linking it with the change in U.S. foreign economic policy. "The mortgage situation may improve in Ukraine, and this can happen immediately after the elections in the USA... I predict a crisis in the spring of next year," he said.In turn, Vice-President ASNU Yuri Vengrinovich also eliminates the possibility of lower prices for luxury housing, although notes that the price of "Khrushchev" will remain at current levels or decline slightly. "Economic justification for (prices) fell, just, no," said Vengrinovich.In his opinion, in the country there is a tendency to equate the growth of real estate prices to inflation, according to Ukrainian news.We will remind, on June 5, the Verkhovna Rada decided to investigate the causes of high housing prices, creating a temporary Commission.The Commission must also investigate the reasons of failure of the contractors obligations under the treaties on investing in housing construction, the reasons for the inactivity of officials of local authorities that have led to such consequences.According to the results of the work of the Commission initiates the improvement of legislation for the effective regulation of relations in the housing market and propose a mechanism for the protection of citizens that have invested in housing construction.



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