Kyiv Residents Fleeing City Amid War, Impacting Housing Market
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Insights by Echo AI
Residents of Kyiv are leaving the city due to the ongoing conflict, leading to an increase in available apartments for sale and rent. Real estate expert Yuri Zharikov reports a 15% drop in rents based on actual transactions, with higher floors and left bank locations seeing the most significant decreases. This exodus, often driven by fear of shelling and drones, is happening despite postponed elections.
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