What can a citizen of Armenia do if he has money but no place to invest that money? Due to currency exchange rate changes and low interest rates it is risky to invest money in banks or other financial institutions. “I don’t think the state may dare not to return the deposits because people will be directed by anger and will stand against the state. I would advise everyone to invest their capital in stabile properties. The prices of real estate are frozen and they can buy real estate properties. If their funds are not enough, they can buy gold. In crisis situations the best solution is buying valuable properties. In any case estate is property,” advises former prime minister Hrant Bagratyan.
