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Real estate prices may fall by a third in Russia

... of expensive and the least liquid real estate. In case no new preferential programs are introduced next year, the demand for apartments will gradually decline. At the same time, a decrease in demand even by 75% is not a reason for a collapse in prices.... ... Only a two-fold drop during the year can lead to it, says Irina Dobrokhotova, the managing partner of Dombook. In her opinion, developers are more dependent on banks than on equity holders. At the same time, the exchange rate, sanctions and inflation have ...

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