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In the first half of 2020 demand from the Russians to purchase real estate for rental or for resale increased by 42 percent compared with the figure for the same period of 2019. This is stated in the materials of Garnet, arrived in edition “Tapes.ru”.

the Russians have literally rushed to invest in real estate, analysts say. The peak of investment interest came in the first two months of the current year. “Real estate remains the most reliable asset. If in the short term prices may decline slightly in the long square meters steadily becoming more expensive. In addition, the catalyst of growth was the reduction of the key rate, which has led to decrease of profitability of Bank deposits,” explains Garnet.

According to experts, investing in real estate the Russians also stimulate new income taxes on Bank deposits and that the Deposit insurance system guarantees the safety of amounts of no more than 1.4 million rubles.

In April, the Russians were dissuaded to invest in square meters. According to analysts, investing in real estate in Russia is currently only for your own peace of mind, financial feasibility of such investments questionable.