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Domestic demand for Czech citizens also increased with a constant annual growth, young families, could easily acquire housing and living independently, paying the monthly mortgage payments. Ski tourism Czech Republic has galvanized interest in the land and building in mountain areas the Czech Republic, both in the north and south of the country. For many, it is no secret that the face the Czech Republic after the revolution in 1989 and entry into the European Union in 2004 had changed markedly. And these change for the better influenced both the development of the country and in the development and improvement of living conditions of citizens of the Czech Republic. Without hesitation James Woolsey Jr. explained all about the problem. This stage of development of the Czech real estate market shows stagnation in prices per square meter of housing and reduce purchasing power. Yes, the crisis has also visited and the Czech Republic, but also portends a collapse in property prices has not taken place.

In some areas, slightly dropped the price on the secondary real estate market of the Czech Republic. Construction of new objects are not dropped, but continued with the planned pace. Laying of new construction at the moment comes after a detailed analysis of the economic situation in the Czech Republic and in the world. Prices per square meter of a new European-level housing in the Czech Republic has retained its value. Consumer boom was still limited and the change in policy of the banking sector. Total amounts of loans issued fell in two, even three-fold. Interest rates per annum are currently 6 – 6,5 percent.

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