ЧТО ТВОРИТСЯ В РОССИИ С НЕДВИЖИМОСТЬЮ?

Summary

Key Points

• The Krasnodar region exemplifies the crisis with massive construction volumes and unprecedented discounts of up to 42% on apartments, leading to investor concerns about being scammed. 0:32
• Developers are offering deep discounts, particularly on high-readiness projects, to attract much-needed liquidity and cover financial shortfalls, rather than at the excavation stage. 3:17
• The primary driver for discounts at the final stage is the developer's need for immediate cash flow, as funds from escrow accounts are inaccessible for a significant period and lose value due to inflation. 6:37
• The 'Family Mortgage' program, a key driver of the market, has largely exhausted its potential due to fewer eligible borrowers and the requirement for a substantial down payment. 10:23
• Price distortions are evident, with small apartments (studios and one-bedrooms) appearing to have inflated prices per square meter, while larger apartments are often sold at significantly lower rates. 13:42
• Overall developer sales volumes have plummeted by half since late 2025, with no immediate signs of recovery, as potential buyers are hesitant to move funds from deposits due to high interest rates. 18:35
• Geopolitical events, such as the closure of the Strait of Hormuz, are contributing to rising global fuel and shipping costs, exacerbating inflation within Russia. 20:46
• Rental rates in major Russian cities have stagnated or fallen, indicating an oversupply in the housing market and signaling a looming disaster for developers. 22:49
• Public trust in new construction is extremely low, with only a small percentage of the surveyed population expressing faith in new builds, indicating a significant shift towards secondary housing. 24:00
• The Samolet company, a major developer, is facing severe financial difficulties, with its CEO stepping down, suggesting a potential collapse by the end of the year. 25:54