Over the past twelve months, prices in Russia amounted to 15.3%. Most of the available tools for the private investor during this period, net of inflation worked in minus. Samym bad choice for a cash investment of money is the dollar – even without taking into account the cost of inflation for the year declined by nearly 10%. Lost and those who invested in mutual funds or keeps money in the bank – the interest rates on deposits of more than half lose inflyatsii.V circumstances, a real estate and precious metals show the dynamics of excess inflation. So, if you take Moscow, the increase in property prices has made more than 45%, ie almost 3 times higher inflyatsii. Takim way property is bought more and more not for the actual residence, and for reasons of profitable investment. For this reason, the market is experiencing strong demand, which automatically causes an increase in the level of tsen. Poluchaetsya that the global financial crisis that had started with the mortgage crisis in the U.S., auknulos and our ordinary citizens. Because financial institutions are suffering losses and eliminate the assets of the securities, investing in real estate in Russia, the rise in house prices so that the Federal program “Affordable Housing” and personally GDP, bears and other Kudrin did not even dream of. And grow up to be as long as investing in real estate will not benefit, and vice versa – obremenitelno. Kak can make uneconomic investments in real estate? One option – adopt a law on the progressive rate of tax on real estate. For example, if you are the owner or the standard odnushki kopeck piece – it is for your annual rate of property tax, taking into account the tax deduction will be 0.005-0.01% of the market value of the apartment. If you are the owner of three apartments and town houses, the rate will be higher for you, for example 1.0-1.5% of the market value of your property. For the owner of 20 apartments and villages of Smolensk annual margins will already be 3.0%. Such a measure will make investments in real estate, if not meaningless from a financial point of view, then at least less profitable, which will increase the volume of supply on the same rynke.Poka, according to Deputy Finance Minister Sergei Shatalov, a similar law is prepared only to 2011, and given the low progressive rates offered by the government, it can be called a half-measure – could be that the government offered tax rates will hit the poor and middle class, and for real estate investors will not significant.