As a rule, the financial crisis for all other industries is distributed from the banking and financial sectors. Real estate market in this case is no exception. However, its feature is a certain slow reaction. It is caused by the ability of the market to resist the crisis phenomena longer than others, as well as the duration of the processes in this area. Since all real estate objects have a high exposure period (about a year), this has an inert effect. Reducing real estate prices in the crisis period occurs slowly. And become noticeable only after three six months at first. During financial crises, there is a sharp decrease in available funds for purchase, raising interest rates on loans, curling up investment programs by banks and investment companies. This sharply reduces the purchasing power, causes a drop in demand, translates the already existing demand from the active stage into the so -called “deferred demand”, when buyers refuse to acquire, hoping to fall in price. Such factors invariably lead to a decrease in prices. However, the market inertia plays into the hands of sellers, since they still have the opportunity to sell real estate at higher prices. In addition, it must be borne in mind that even in the conditions of a deep financial crisis, real estate prices fall by 20-30 percent during the year. The inertiality of the market also has disadvantages, since the recovery of the real estate market and the return to the initial parameters also occurs for a long time. The second feature of the pricing policy during the crisis in the real estate market is the difference in officially published prices and real. Such a dissonance can reach 30 percent, although in non-crisis periods it is in the range of 5-10 percent. Knowledge of this fact allows you to successfully save when buying an apartment. Well, you can buy freezer Lary by visiting the site. Only there there is everything for freezing products using refrigerators and Lari. It can be concluded that the liquidity crisis in financial markets has a negative impact on the real estate market, although with a significant late. The minimum price level, usually about a year after the start of the crisis in the banking and financial sphere. The time of crisis phenomena is a good moment for the purchase of real estate. Investors use this period for successful investments.
