Housing costs inhibit low salaries and lack of productivity growth

In Omsk, the first West-Siberian forum of real estate. The event was attended by about two hundred experts from Moscow, Omsk, Tomsk, Kemerovo, Novosibirsk, Tyumen, Yekaterinburg, Perm. According to experts, the industry now selling real estate out of stagnation. Although slow, but the price is selected from the pit. Largely contribute to this national program was launched recently by the resettlement of emergency and ramshackle homes, support for young families and war veterans, as well as housing certificates program for servicemen. Thanks to them, according to various estimates, today is formed from 30 to 50% of the demand for housing. The price situation also affects the fact that the property to the public continues to be an attractive tool for saving money. As shown, in times of crisis, few trust paper money. Housing is just a tool that allows you to generate cash. Another factor podstegnuvshy demand, and with it the price of apartments - is reducing interest rates on loans and deposits. - The population now considers itself to an alternative: keep savings in bank deposits or invest in buying a home, - said at the plenary session of the Vice-President of the Russian Guild of Realtors Constantine Aprelev. - Thus the rate of delivery of housing for rent is comparable to the interest. So in creating a common trend in the growth of real estate prices recently become more attractive. This year, in comparison with the past, has doubled the number of mortgage deals. However, to the absolute record, registered in December 2007, still far away. To reach this area in the pre-crisis figures, the number of mortgage transactions should increase at least twofold, experts say. As for housing prices, the more essential in all regions of the country during the crisis, the cost of apartments has fallen economy class. Less painful economic shocks hit the apartment business class. Today, falling prices in the segment of luxury housing continues, but in business and economy class already established trend of sustained growth. But be that as it may, realtors sharp demand for housing is not expected. - Judging by the exhibition of objects in the real estate market, we are still far from pre-crisis situation, - says Konstantin Aprelev. - Exhibited for sale apartments today is about three times longer than in early 2008, looking for a buyer. Do not have to wait until the sharp rise in prices and real estate. While the country is not real output growth, wages and incomes of the business, the rapid appreciation of housing and commercial real estate will not happen. Another issue that interested participants of the forum, concerns developed about the law today, real estate activities. Cancel-licensing has led to the discredit of our profession, and dealt a blow to the reputation of many highly skilled - the president of the Russian Guild of Realtors Grigory Poltorak. - So now more than ever necessary to protect the profession realtor at the legislative level. We are actively engaged in working on a law that will regulate the activities of real estate. And we believe that at the heart of the matter must be non-governmental organization. At the federal level, it will set standards, and local - to train specialists and certified real estate companies.