Russian Central Bank Governor Elvira Nabiullina said she sees a risk of overheating in the Russian mortgage market. This was reported by a socialbites.ca correspondent.
“In September, mortgages increased by 4.2% in just one month. These rates can no longer be merely signs of an overheating mortgage market. Therefore, we see the risks here, I have said these many times,” he said.
According to him, evidence that risks remain is the difference in house prices in the primary and secondary markets.
He emphasized that the terms of the first payment in preferential mortgages should be increased and noted that the Central Bank sent such a proposal to the government of the Russian Federation.
Before reportedMore than half of Russians (61%) believe that the amount of maternity capital should be increased to solve the demographic problem. Some participants stated that young families in Russia do not want to have children because they do not have their own housing or the opportunity to get a mortgage. In this regard, they believe that either maternity capital should solve the housing problem, or the issue of apartments should be introduced instead.
Formerly in the State Duma criticized The idea is that maternity capital should not be paid to women over 30.