When buyers complete a new apartment purchase and still have savings, many experts advise considering repairs right away rather than letting cash sit idle. Inflation erodes the value of money, so upgrading the home now can preserve or increase its utility while reducing the risk that later price spikes will outpace improvements.
Rising prices for building materials are expected in the next several months, which makes a savings plan aimed at funding repairs less attractive. For example, a three‑month savings deposit of 3 million rubles could yield roughly 150 thousand rubles at maturity, a return that may not cover the cost of a modest cosmetic refresh. In practice, this creates an incentive to allocate funds toward immediate repairs rather than wait for a better savings payoff that might never arrive.
Inflation continues to push up material costs, complicating the dream of saving for a single project. People often plan one repair, yet the finished work ends up smaller than envisioned, leaving the budget short and the project less ambitious than planned. The scenario emphasizes the need to recalibrate budgets in real time and to consider staged updates instead of sweeping renovations.
Policy moves in recent months have kept inflation elevated and pushed borrowing costs higher. A significant rise in the key rate affects loan payments, mortgage costs, and the relative benefit of saving versus spending. With rates around the mid‑twenties annually, the practical effect is that money saved earns a slim return while the price of materials and labor stays on an upward trajectory. The core question becomes how to balance immediate improvement needs with the chance of tighter credit conditions in the months ahead. What will the higher rate mean for consumers is a question that underscores the broader impact on housing costs and renovation budgets.