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Real estate prices may fall by a third in Russia

... according to real estate experts, a public decline in apartment prices is still not worth waiting for in the nearest future. The developers can resort to a different mechanism - providing discounts through subsidized mortgage programs. As for the open discounts, they are still possible for the categories 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....

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