On prediction of long-term real estate prices growth

The article focuses on prediction of long-term real estate prices growth rate when estimating its market value and rent for its use. It is shown that a prevalent in the midst of appraisers hypothesis of long-term property and consumer basket prices growth rate equality in post forecast period is not according with historical data of foreign and domestic markets. A regression model, satisfactorily coupling long-term (35-50 years) growth rate of real estate with long-term inflation rate and the average level of foreign investment in the economy is proposed.