100 thousand for ‘Khrushchev’: 10 years since the apartment price boom

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“The mistakes will be repeated, maybe in other segments, in a different way, but the mistakes will be, it is human,” Edgars Šīns, the head of Latio, evaluates for the Delfi portal.

So far, the rise in apartment prices has been very moderate in all the years since the crisis, but last year and in the first half of this year, prices have risen faster, which experts are concerned about too rapid a rise. At the same time, the current attitude of banks and consumers suggests that there is no concern about the market “bubble” in the next three years, say real estate companies “Arco Real Estate“Member of the Board Maris Laukalējs.

The portal “Delfi” examines what has changed in the market during these 10 years, what people were willing to pay for in 2007, and what apartments are in most demand now.

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