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Web site http://The development of the construction market in the financial crisis.
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Construction of one of the most promising of important large-scale industries, but now no secret that hit the country the world crisis....
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Construction of one of the most promising of important large-scale industries, but now no secret that hit the country the world crisis. Many companies literally reduce the release of its production, or shut production. Touched upon the issue and the construction market. Many companies are winding up the construction of not only the initial projects, but even the nearly finished buildings. All this is connected with the financing of this segment. Only last month, was stopped for more than 70% of active development projects.
What is the problem? Where money is very profitable construction companies? Answers to these questions are in order Europe. This is where domestic banks take the currency to increase the loan portfolio. These same money they were given to borrowers, or more precisely to construction companies for over a high credit rates, and to earn the difference. When the cash stream stopped, suffered primarily banks, and the second construction company. They have a budget of just active money borrowers. Now, when they are not there, nothing to complete the construction of even almost finished buildings.
To stabilize the problem, it was decided to lower the price of real estate. But our people do not hold. Sensing the problems in the construction market, people are reluctant to buy flats, thereby lowering the price even more. Soon reached the bottom of the price you can invest in real estate with the maximum benefit, but do not forget about caution. Source: News Construction and Real Estate ...
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