Despite the crisis or the crisis is?

The trend, which started late last year, the first quarter of this became even more pronounced. Now we can already say with certainty that the few remaining active real estate investors prefer to invest their capital in foreign square meters, while not spoiling his attention domestic supply. At first glance, a strange situation: after the crisis has affected the majority of foreign markets to a much greater extent than their Russian counterparts. But the fact remains that despite the resurgent interest in it (March of 2009, according to the Academy "Miel", showed increased sales by 27% compared with the first month of the year), the same rural property near Moscow today enjoys less popular than the analogous in "Primadride" and "Podvarshave." Why is this happening? After all, those same analysts have noted the extraordinary "overheated" Spanish or the British property market experienced in recent times to the present crisis, the housing boom. Not surprisingly, the crisis has hit the hardest according to these countries must scale in the main building of the warm climate of the loan. For example, the value of real estate in the United Kingdom compared with 2007, dropped to third (according to ULI and PWC), and projections for 2009 promise to further decrease by another 24% by the end of the year. Many projects are frozen "until better times" - as it happened in Spain. Tightened monetary policy: earlier for possession of coveted property anywhere on the Costa del Sol, it was enough to make 30% of the total cost, now have to dig at least half the required amount, and the requirements for zayavschiku will be higher. However, interest in foreign real estate is not diminished, but rather increases! Experts note the increase of successful appeals (the deal) to third. For comparison, real estate near Moscow, even with the brightening in the spring of demand, showed the number of calls at the same period in 2008, but their efficiency was only 17%. The fact is that now the real estate abroad reached a historic low cost. What does this mean in practice? With a price floor below which a "nowhere to fall," will inevitably be replaced by a new rise. And consequently, by the end of 2009 square meters of new overseas added to the price, pleasing their owners increase profitability. Investors understand that situations like the present, the real estate market - an exceptional phenomenon. About the same access to such British possessions a couple of years ago you could only dream of - and will remain only a year or two grieve. The prices for real estate near Moscow fell not so much - only 5-10%. Of course, the direct treatment costs will initially claimed to shoot down, and after adjusting for the dollar exchange rate real reduction of up to 15%. But, you see, it does not compare with the same Spanish or British proposals? Forward-thinking investors realize that, despite the limited availability of capital and tighter lending climate is better to buy overseas property today and now - what to expect the inevitable end of the recession, experts predict that by the end 2009-go/nachalo 2010. When the market will survive the shock (and he would always survive - the proof to successfully overcome the difficulties of 90th), on today's prices, as well as on the current hunt for a buyer, will have to forget. So the situation becomes quite ambiguous. Whether the foreign real estate continues to be popular in spite of the crisis - whether it is due to him? The final decision, as usual, though not for experts and for those who "voted the ruble," ... that is the currency.