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Home»News»Reducing prices for the construction of low -rise real estate

Reducing prices for the construction of low -rise real estate

April 20, 2018

Why do developers will not reduce the cost of suburban real estate

– I am sure that most of the developers will not reduce prices in the suburban real estate market. The first, they have fewer profit than in multi -storey housing construction. The second, in recent years, costs have greatly increased: prices for building materials, land and wages. The tax authorities, as well as other permits and control authorities, also strengthened work. The third, many companies that build villages have used their own funds to a greater extent. The fourth, in the segment of villages below the premium class, equipped with all the necessary infrastructure, the proposal is still less than demand. Fifth, even crediting banks understand that reducing house prices will only lead to new deflation expectations from buyers and shaft of purchases, it will not cause.

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