Investor Yemelyanov: the cost of housing will continue to fall
Investing in real estate in the near future will be inefficient due to falling housing prices. Valery Yemelyanov, an expert on the stock market at BCS World of Investments, told about this.
“It doesn’t matter if you have an apartment in Russia or a dacha abroad, most likely, their value will continue to fall. If you have more than one property, but several, it makes sense to sell it so as not to fall into an even greater minus for several years. And shift into something more calm, ”said Valery Yemelyanov. His words Life.
The expert stressed that for several years the real estate market was “pumped up with money”, but at the moment there has been a reversal of mortgage rates and programs. There has been a marked drop in prices throughout the year and this trend will continue.
Yemelyanov also emphasized the unprofitability of investing in cryptocurrency, as well as government and corporate bonds. He explained that in the world there is a tendency to slow down the growth of the economy as a whole.
Earlier it was reported that secondary housing in Russia was offered to be sold with the preservation of the mortgage rate. That is, it is proposed to purchase real estate in a mortgage at the same lending ratefor which the mortgage was taken by the seller. It was also argued that Russian investors had a sharp increase in interest in Chinese stocks. This interest is connected with sanctions against the Russian Federation.
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Investing in real estate in the near future will be inefficient due to falling housing prices. Valery Yemelyanov, an expert on the stock market at BCS World of Investments, told about this. “It doesn’t matter if you have an apartment in Russia or a dacha abroad, most likely, their value will continue to fall. If you have more than one property, but several, it makes sense to sell it so as not to fall into an even greater minus for several years. And shift into something more calm, ”said Valery Yemelyanov. His words are quoted by Life. The expert stressed that for several years the real estate market was “pumped up with money”, but at the moment there has been a reversal of mortgage rates and programs. There has been a marked drop in prices throughout the year and this trend will continue. Yemelyanov also emphasized the unprofitability of investing in cryptocurrency, as well as government and corporate bonds. He explained that in the world there is a tendency to slow down the growth of the economy as a whole. Earlier it was reported that secondary housing in Russia was offered to be sold with the preservation of the mortgage rate. That is, it is proposed to purchase real estate in a mortgage at the same lending rate at which the mortgage loan was taken by the seller. It has also been argued that Russian investors’ interest in Chinese stocks has skyrocketed. This interest is connected with sanctions against the Russian Federation.