IS UZBEKISTAN REAL ESTATE MARKET LEADING US 2008 FINANCIAL CRISIS

Khurshid Rustamov; Umarbek Xabibullayev; Sanjarbek Abduvaitov

IS UZBEKISTAN REAL ESTATE MARKET LEADING US 2008 FINANCIAL CRISIS

Authors

Khurshid Rustamov Author, Tashkent State Conservatory, Tashkent, Uzbekistan
Umarbek Xabibullayev Co-authors, Student of Millat Umidi University, Tashkent, Uzbekistan
Sanjarbek Abduvaitov Student of Millat Umidi University, Tashkent, Uzbekistan

Keywords:

Real estate, the Great recession, mortgages.

Abstract

In recent years some of the regions of Uzbekistan is facing big declines in sales. “In August 2024, the largest regional declines in real estate transactions were recorded in Syrdarya 22.6%, Khorezm 13.2%, and Tashkent city 9.7%” (kun.uz, 2024). However, despite nearly 10% of decline in Tashkent, there are 638 apartment buildings, which contains 28 thousand apartments were built in 2024 in only Tashkent city. (UzDaily.uz, 2024). So, is Uzbekistan investing on real estate more than demand?

Downloads

Published

2024-11-06

How to Cite

Khurshid Rustamov, Umarbek Xabibullayev, & Sanjarbek Abduvaitov. (2024). IS UZBEKISTAN REAL ESTATE MARKET LEADING US 2008 FINANCIAL CRISIS. Web of Teachers: Inderscience Research, 2(11), 1–7. Retrieved from https://webofjournals.com/index.php/1/article/view/2064