According to the results of the first months of this year, the share of young borrowers in the Russian mortgage loan market reached a record level. We are talking about citizens in the age group from 20 to 29 years, whose share to date is 23.6%, informs The newspaper Izvestia cites Ildar Khusainov, director of the federal company Etazhi.
At the same time, for the first time in the history of the Russian mortgage market, the share of borrowers aged 20 to 29 years was higher than that of 40 to 49 years old. However, the most active at the moment are citizens aged 30-39 with a share of 40-41 percent.
“While the share of borrowers aged 20-29 in total real estate purchasers was only 0.8 percent in 2014, it rose to 22.9 percent in 2022 and broke a record in the first months of 2023. 23.6%,” concluded Khusainov.
April 22, Deputy President of Russia Maxim Oreshkin declarationlong-term interest rates are extremely high. Currently, the government and the Bank of Russia are looking for a solution to deal with this “very big problem” and to mitigate them.