Housing prices are at an all-time low: Novak explains whether it’s worth buying real estate during the war
28 April 14:13
Buying homes and land today is a good investment. While the war continues, real estate prices in Ukraine are at their lowest. Economist Andriy Novak made this statement in an interview with the YouTube channel "Komersant Ukrainian".
The economist explains that during the war, prices for all assets in the country are at their lowest. This applies to housing, land, and commercial real estate. At the same time, this is a temporary phenomenon, and once the war ends, prices may rise rapidly.
Watch us on YouTube: important topics – without censorship
“In a country at war, the value of all assets is at a minimum. Residential real estate, industrial real estate, commercial real estate, and land—all of these are currently at rock-bottom prices,” Novak explained.
He emphasizes: now is a good time to invest.
“So if you have money to buy real estate or land plots—buy them. Because after the war, all these assets will rise in value in Ukraine. And quite quickly,” the economist added.
Read us on Telegram: important topics – without censorship
