The chart details data about alterations in accommodation pric | Olimov Team
The chart details data about alterations in accommodation prices in five cities between 1990 and 2002 and these were compared with the typical prices of houses in 1989.
Overall, a notable change occurred in Tokyo in 1996-2002 and the values increased dramatically by 12% and the least changes had shown in Frankfurt dwellings by 2% growth between 1996 and 2002.
The biggest shift was shown in London and Tokyo with a decline of -7 %. By contrast, cottages in Madrid and Frankfurt had a rise in costs by 2% and 2,5 %. In addition, New York city's residence prices had a fall in rates of -5% and -2 % lesser than Madrid and Tokyo in 1990-1995 years.
When it comes to 1996-2002, the expenditure for purchasing homes in New York City and Madrid escalated by 10 percent in New York and 2 % in Madrid and it was more than the standard prices in 1990-1995. Then, the expenses of accommodations in Frankfurt were lowered by 1 % differed from 1990-1995 years. However, there was a little decrease in payments for buying houses in Tokyo by -5 percent from 1996-2002 years. Finally, the value of them in London rose significantly by 12% from 1996-2002 years. If we compare it with 1990-1995 years, there was 19 % growth.
@olimovteam
