For the vast majority of respondents (81%), preferential mortgage programs have become the only opportunity to purchase housing, as standard monthly payments have become unaffordable. This is evidenced by data from the online research platform “Cuckoo”, reviewed by socialbites.ca.
At the same time, the overwhelming majority of Russians, 85%, when choosing a developer, prefer companies that offer special mortgage programs.
The research showed that 77 percent of respondents see buying a new home through a mortgage as a way to improve their living conditions, with one in five respondents planning to buy property for their children.
62% of Russians who benefited from preferential programs could also afford to buy a 1-room apartment or studio. At the same time, 38% of respondents who are preparing to buy a home expect to buy a 2-room apartment in 2024.
The most popular are developers who offer the opportunity to get a mortgage loan at a discounted rate. Today, only a few developers have such programs.
74% of respondents explained their decision to buy an apartment now with concerns about the family mortgage limits running out in October 2024. They believe that improving housing conditions will become more difficult due to higher interest rates after the suspension of family mortgages.
One day before the Russians It has been saidHow many years have they been saving for a mortgage down payment?
Previously grew up in Moscow sales a type of new buildings in the foundation pit stage.
What are you thinking?
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.