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CIAN experts: renting apartment has become cheaper than mortgage

... took 3.9 years in 2019 and 4 years in 2020. However, figures vary by region. The most expensive housing is traditionally in Moscow (6.9 years), St. Petersburg (6.3 years), as well as in Kazan (5.8 years) and Krasnodar (5.2 years). The most inexpensive real estate in Chelyabinsk - 3.7 years is enough to earn money for an apartment.

EXPERTS NAMED CITIES WITH LOW REAL ESTATE PRICES

... sale of new buildings tends to zero. This leads to a gradual deterioration in the condition of the housing stock, as secondary housing decays and only falls in value. At the same time, in the region, you can still find advertisements for the sale of real estate for 150-200 thousand rubles - these are two-room apartments located in small settlements. According to experts, cheap housing is most often sold in places with poor infrastructure, in old or even dilapidated houses, as well as in buildings that other residents have already abandoned. Sometimes you can ...

IKEA will rent flats for $1 in Japan

... indicated price, tenants will be able to live in apartments until January 15, 2023. A prerequisite for those who are interested in IKEA's offer is participation in the filming of a mini-series about the Tiny Homes project. The main character will be a real estate agent. IKEA notes that the apartments are located in the central area of Tokyo, within walking distance of Shinjuku station, numerous establishments and the city's business center. Now the average rental price there is estimated at $ 382. The company added that despite the size ...

MASS DEMAND FOR ‘BANKRUPT’ HOUSING IS GROWING IN MOSCOW

The purchase of ‘bankrupt’ apartments pledged by a bank or other organization is becoming more and more popular in Moscow market. Many real estate experts come to such conclusions. Lenta.ru media quotes the research data of Vadim Zaykov, according to whom the demand for such housing increased by 232% in two years. The researcher noted a particularly steady growth in demand that has ...

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