Wealthy Ukrainians selling posh apartments due to political stand-off:
"In January, the number of high-end apartments and houses offered for sale has grown twice since the fall of 2013, Gazeta.ua reports Jan. 18.
Most of the offers are in Kyiv and Kyiv oblast. Many homes and apartments are also on sale in Odesa, Crimea, Donetsk and Dnipropetrovsk.
Analysts link the trend with the growing uncertainty of Ukrainians in their future. Many want to convert their real estate into cash as the political situation remains very tense.
Experts even expect a downfall on the market and the resulting drop in prices.
Meanwhile, a year ago the trend was reverse, with wealthy Ukrainians eager to invest in Kyiv real estate ahead of the signng of the association agreement with the EU."
'via Blog this'
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