Break this trend may increase the cost of mortgages.
For 7 months of this year, the secondary housing market in the Russian capital increased by 25% in deals, and the primary market by 37% compared to January-July 2017.
Developers are pushing Russians to invest more actively in permanently cheaper housing.
Sberbank turned mortgage programs to purchase housing in some projects of the Urban Group. The losses of the company Alexander Dolgin can amount to 20 billion rubles a year.
In their opinion, Russians can not buy something better than at home of outdated series and slightly ennobled "Khrushchev."
2017 was a record for the market of new buildings in the capital - never in the last five years in Moscow did not sell so much housing.
The number of deals in this segment is surely falling.
Apartments in Moscow have lost all investors.
The developer from the mayor's office, an independent expert, self-liquidating after the expert review, the approval of the construction without public hearings: that is the scheme to construct buildings in Moscow, which shouldn't be there.