By the end of 2022, the number of “direct housing swaps” has quadrupled compared to 2021. About Wrote The publication “Rossiyskaya Gazeta” with reference to the data of the agency “INCOM-Nedvizhimost”.
“Direct swap” means the transfer of apartments by the owners to each other with some additional payment. As Sergei Shloma, head of the company’s Secondary Market division, explains, for many Russians, before the real estate market arose, this was the only way to change their living conditions. Such a program is resorted to during crises – this was the case in 1989, 2008 and 2015.
Maria Spiridonova, a member of the Russian Bar Association, explained that it would be more correct to call such plans “exchange”, not “exchange” – the latter applies only to non-privatized apartments. They can also be exchanged, but the demand here is low due to difficulties in coordination.
The day before, Tatyana Reshetnikova, Deputy Head of the Mortgage Department of the Federal Etazhi Company knowledgeableSince the beginning of 2023, Russian family mortgage demand has increased from 56% in early December 2022 to 74% in January.
Before that, on the same day, State Duma deputy Nikolai Arefiev declarationThere is a threat of a mortgage bubble in the country.
Source: Gazeta
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