In Kyiv, over three years of full-scale war, there has been a decrease in the number of new residential complexes. During this time, developers have launched fewer projects than in just 2021. At the same time, those who do enter the market are focused mainly on the comfort+ segment and above. The mass affordable segment is gradually shifting to the suburbs, where the level of both demand and supply is higher than in the capital.

Experts regard this dynamic as a logical evolution of the market: inflation, rising costs at all stages of construction, and high risks leave no chance for projects with low margins. In the conditions of a war economy, launching an economy-class housing project for a developer is more a way to "priceless experience" than to make a profit.

Why has the volume of new housing construction in Kyiv collapsed? What consequences will this have for the market? What is forcing developers to abandon the construction of economy-class housing? How does the change in developers' priorities affect pricing and the affordability of housing in the capital, and should we expect a decrease in prices in the near future? LIGA.net investigated.

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