Property in Ukraine cheaper, but does not become more affordable!!! - News about real estate, Kiev, Kyiv region. Real Estate In Ukraine
Developers panicked, money to build them last until the end of the year what will happen next is difficult to answer, recognizing that selling housing need at prices that will offer buyers. Now in many cities of Ukraine when buying an apartment offer discounts of 35-40%.Developers are slow to panic. They are confident that the situation will change soon, as banks will resume the issuance of mortgage loans at normal interest, and the requirements for borrowers will be more loyal.There are several reasons:First, to borrow money abroad, there's no one, there is a crisis, and much more serious. And our banks to prohibit actively issued a consumer and car loans, thereby significantly increasing loan portfolios.Metallurgical and chemical industry almost curtailed production - their products are not in demand on the world market. Farmers, too, who took the banks a few billion dollars left nothing more than, high yield decreased grain prices to near cost, however, even under such conditions to buy it no one wants. After the layoffs that followed the stop key domestic industries, were left without work and salary a lot of Ukrainians.As a result there was nothing to give banks a loan, therefore the banking system is one step closer to the crisis. The national Bank intervened in the situation and forbid them to issue loans and to return deposits early - even stronger than aggravated the situation and sow panic among depositors.Despite attempts to restore the banking system, money from the banks for mortgage loans is still there, and that means developers no hope to wait for that. As the population.It appears that the apartment though cheaper, but to buy them now will only be available to those who have already collected the necessary amount of money.