Obtaining a concessional mortgage will only be possible in the region where people are permanently or temporarily registered. This proposal was developed by members of the State Duma Committee on Construction, Housing and Communal Services and sent to the Ministry of Construction, Housing and Communal Services. A copy of the document is at the disposal of the newspaper “News“
Currently, most of the issuance of preferential mortgages is carried out in Moscow, St. Petersburg, as stated in the letter of the deputies. It takes place in the cities of St. Petersburg and the Krasnodar Territory. From the document, it is understood that a significant portion of the debtors who buy real estate in these cities do not live here, but buy houses for investment purposes, which increases demand and prices.
On September 12 at the Eastern Economic Forum, Russian President Vladimir Putin acknowledged the existence of “certain risks” associated with the implementation of concessional mortgage programs. “We see them and we take action,” the president said. Already on September 13, the government increased the initial contribution of subsidized programs from 15% to 20%.
It was known how before has become more expensive New buildings per month in the Russian Federation.