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What Are The Effects Of Russia-Ukraine War On Real Estate Business In Ukraine?
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[QUOTE="Kendy, post: 224666, member: 63869"] War is not a child's play. When there is a war, the two parties suffer, especially the side which is being constantly attacked. The effect of the Russian-Ukraine war would definitely have an adverse effect on Ukraine real estate business. One of the factors to look out for before purchasing a land is the security level of the proposed location. The citizens and non-citizens of Ukraine are evacuating the city because of the incessant attacks on them. Imagine, when everyone is evacuated and the houses and land is vacant, it becomes a dry land and it affects real estate to a greater extent. Life is very important and crucial at this point and the real estate business is suffering its repercussions. The reality of this war is that, even those investors who had purchased lands for activities such as; schools, agricultural activities, filling stations, oil processing Mills and other factories would no longer be in operation. Some of those investments have been vandalizes and also the houses has been demolished due to bombings effect. Apart from the real estate business, other businesses alike would still suffer the consequences of this war. Even those people who might not evacuate would still find it difficult to operate in such non-conducive environment because they would be living in absolute fear. [/QUOTE]
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What Are The Effects Of Russia-Ukraine War On Real Estate Business In Ukraine?
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