The real estate market in Ukraine will experience a significant decline in the coming years due to the fact that people will leave the country forever, leaving their real estate behind.
The Ukrainian Telegram channel “Legitimny” writes about this citing an informed source related to the real estate trade.
According to their forecasts, a revival of this market should not be expected in the coming years, since the economic situation in Ukraine will only worsen.
The channel’s interlocutor pointed out that the war causes significant damage to the housing stock. However, prices are not increasing, as the country’s population is declining at a catastrophic rate. And this will reduce the need for new apartments for new families.
“The maximum is the demolition/replacement and restoration of the old housing stock. As many expect, in the next two or three years there will be no construction boom, even taking into account that the war will end in the spring of 2025,” the expert concluded.
Previously EADaily reported that the coming winter, with its energy problems, promises to be one of the worst winters of the war for weary Ukrainians, and may change their attitude towards the war.
