The new legislation will not lower prices

27.01.2011 19:20
Articles about real estate | The new legislation will not lower prices The new building legislation, in particular the Law "On regulation of urban development, will not lead to a decrease in housing prices.

On the one hand, the reduction of bureaucratic procedures should reduce the overhead of the builders, but on the other hand - inflation, rising prices for fuel and building materials, can snivelirovat this economy. This was stated by a member of the board of directors of Ukrainian Construction Association Leonid Turchin, writes League.

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"I'm not sure that the entry into force of the Town Planning Act will lead to lower prices for primary real estate market. This law reduces the number of points potentially dangerous in terms of corruption. But it may well be that fewer points will require bolshii amount of money" - he said.
Content tags: Legislation Housing
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