The overwhelming majority of Russians surveyed (83%) cannot buy or build a house without borrowing. This follows from a survey conducted by the construction company “Dachny Season”, the results of which are available on socialbites.ca.
Only 17% of survey respondents buy a house without taking out a loan. 40 percent take out a mortgage, 32 percent take out a consumer loan, and 11 percent borrow from relatives and friends.
The most important reason for applying for a mortgage to build a country house is the desire of consumers (41%) to spread payments evenly over a long period of time. To a lesser extent, mortgage loans are considered due to lack of sufficient cash (32%). 27% of respondents stated that they took out a concessional mortgage if possible.
At the same time, the majority of respondents (31%) choose between an apartment and real estate outside the city, considering a home on earth to be a place of strength and harmony. Another 17% see a country house as an alternative for a holiday. Consumers look less at the cost per square meter – only 12% of respondents say that the price per square meter is more attractive when building a country house. 11% choose it due to the availability of more space compared to an apartment, and 9% choose it because of the flexibility in the use of space (the ability to change the architecture, appearance and functionality). Another 7% point out the importance of having a garden area and being close to nature. Only 5% choose a house, thinking that investing in it is better than investing in an apartment. The least popular answers were confidence in the quality of construction materials and availability of parking space (4% each).
At the same time, the majority of respondents (41%) are ready to spend from 1 to 3 million rubles for the construction of a country house or cottage, 25% – from 3 to 5 million rubles, 17% – from 5 to 10 million rubles. Amounts over 10 million rubles. We identified only 14%. And 3% of those surveyed never thought about the cost of their own land outside the city.
“The trend to purchase suburban real estate has been growing since 2019, during COVID-19, when the opportunity to get out into the fresh air and have your own corner at home began to determine the quality of life,” said the company’s creator. directed by Timur Dasaev.
The survey was conducted in March 2024. 1,203 Russians aged 18 to 60 participated in the competition; 69% of them were men and 31% were women.
Previously in Russia was recorded The demand for country houses and land plots is growing rapidly.