The average mortgage time in Russia has grown sharply and has been approaching record for 26 years. Is writing Izvestia publication with reference to the data of the Central Bank of Russia.
Only in February, the average period for housing loans (primary and secondary markets) increased to 5 months (309.8 months). At the same time, the mortgage has just begun to receive an average of about 27 years (323 months).
The trend was announced with an increase in the price of loans – in the longer term, the amount of payment becomes possible. As a result, more than half of the housing loans issued will be closed with retirement according to the plan specified in the regulator of the Russians.
Level Group in the second half of March I presented The results of the study that the majority of the Russians (75%) who participated in the survey cannot afford to take an apartment. At the same time, each tenth participant (10%) announced the purchase of housing plans and each second parent feels the need to improve housing conditions (44%).
Big families shared that they would decide to buy an apartment with 6%in a family mortgage. 40% of the respondents required a family budget with 150 thousand to 300 thousand rubles per month, and one -third (36%) called 300 thousand to 500 thousand rubles per month.
Previous Russians said1 million rubles where they will spend.
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.