2008-01-02 11:32:03
http://www.e-lama.pl/artykuly/5136/koniec-szalonego-wzrostu-cen-mieszkan/
All indications are that after two years of crazy growth, housing prices have finally lived to see a stabilization or even small discounts. Projections indicate that in 2008 will continue the recently initiated a trend decline in house prices - particularly in the secondary market. Had we waited at the end of a breakthrough in a frenzy of housing prices?
Over the last three months there have been first for a long time drops in house prices - today announced TVN24 service. Minor cuts so far primarily in the secondary market and the housing of a lower standard, that is, mainly those from the 50s in blocks of concrete slabs. There are signs that the downward trend will strengthen in the current year. The reason? Increasing recently at a dizzying rate prices have already reached such a level that they themselves contributed to the decline in demand for purchase of flats. This does not mean, however, that just started year avalanche will sometimes drop in prices - expected to be rather explicit stability, resulting in in some cases slight discount. Important seems to be the message itself, however, that the experts foretell the imminent end of the price madness in real estate. That is the conclusions drawn from the recent report on the real estate market, prepared by the Expander and service Szybko.pl.
not expect a revolution or dramatic price reductions. It is still too early. But we can count on the minor price declines in some segments of the real estate market. Above all, can cheapen Lodging a lower standard, especially the old and neglected. On the flats lose value from the 50s and those located in the housing projects of large slabs - gives TVN24. So if there will be slight declines, it will cover primarily the secondary property market. Contrary to appearances, this information is not as obvious as it might seem - being the last two years the price boom is not avoided the premises, which by its standard clearly diverged from a decent average real estate market. Upcoming prices cause sedation is, however, that in order to increase the attractiveness of such facilities, you may need be necessary to discount their prices.
price reductions may also occur where the money has so far clearly exceeded the average for the city, and in addition, where visible is a large supply of new flats, or simply - in the districts where it is hard to build out new settlements.
drożeć What stops ....
surely awaits us crazy end of rising prices - housing simply can no longer be more expensive than they are at the moment, because it is beyond the capabilities of most Poles. The end of the price madness does not bode but - unfortunately - a rapid drop in prices for rent. The good news is that rents should be clearly calm down and settle. A bit worse - especially for students-information is the one that does not cause an early drop in prices for rent. One of the reasons for this is that housing prices are currently so high that, paradoxically, many Poles is more profitable to rent than to pay the loan installment for the apartment. Parking is thus still an attractive (because often the only) alternative to borrowing to buy their own homes.
... And what about traveling?
stabilization in house prices is, however, his worse side - to match the cost of purchasing your own "m" may make some places get more expensive, tapping into the current level. Become more expensive primarily those premises that against the current prices, remained still relatively attractive purchase price. This will happen due to the transfer of demand from neighborhoods too expensive for the slightly cheaper, yet still remaining within reach of buyers. And that, according to the golden rule of economics more promotes the growth of demand pricing, even in the relatively less expensive neighborhoods will come at the end of the price boom. Prices may rise, however, provided that the dwelling located in a far less expensive neighborhoods, will not significantly deviate from the expectations of customers and applicable standards. These projections relate primarily to the largest cities and agglomerations in Poland. What seems to be comforting, however - even if in some cases there will be price increases, it will be a relatively small increase, and thus far galloping costs, even symbolic.
The customer pays so requires.
With TVN 24 cited by the report, shows a particularly interesting conclusion: the expectations of customers are starting to have an impact on property prices. Because housing prices are already very high, one of their regulators have become customers' expectations. Given that we decide to have the loan and the huge opportunities in the Polish-scale expenditure, we want to get the highest possible standard. Hopefully over time this trend will also apply to the rental prices, predicting the end times in which students are hired for the crazy amounts of money (as is commonly longer speak) "lockers brush."
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