The current level of housing affordability in the Russian Federation is quite good compared to other countries in the world. This was stated by Russian Deputy Prime Minister Marat Khusnullin. TASS.
Deputy Prime Minister evaluated the housing situation in the country during the international forum “Russia”.
“Compliance is still good; The ratio of mortgage payment to the total cost of the apartment is not the highest. People have the opportunity to buy housing, that is why so many houses are being built,” Khusnullin emphasized.
As the Russian Deputy Prime Minister noted, despite the current circumstances, this opportunity is “not the easiest.”
“Our task is to build as much as possible, because when the supply is greater, prices will not increase,” he concluded.
Before that, Maxim Semov, expert of the NIFI portal of the Ministry of Finance named Four reasons why a mortgage may be rejected. According to him, false information will surely be detected at various stages of verification and will most likely become a reason for rejection.
Formerly Central Bank of the Russian Federation raised key rate up to 15%.