Moscow is preparing for the collapse of the real estate market

The fair price for 1 square meters in Moscow residential market is less than 3000 USD say "Rosgosstrakh" analysts, the biggest Russia insurance company.

Now, according to "Indicators of the real estate market", the average cost per 1 square metre in Moscow exceeds 4,200 USD. Researchers claim that their assessment is fair and equitable, with the balance of supply and demand in the Moscow real estate market.

Thus, according their words, in the next 1-2 years, the price of Moscow real estate could drop by more than 40%. Calculating based on Rosstat, "Expert-Data" marketing agency and the "Public Opinion" fund info. The press release noted that the cost of housing, the capital of Russia comes on the basis of price to Geneva and Madrid.

As you know, I don't see direct connection between Russia and Ukraine real estate market but some feeling tells me that we'll follow any Russia trends, 'cause there is strong psychologic moments...