The promise of 2011 of the President of Russia that a mortgage will soon be 7-6% did not come true. The rates of the “basic” mortgage of this year is twice as high as an additional percentage.
That rental housing or mortgage?
In connection with a high mortgage rate, people postpone the idea of acquiring housing on credit. They wait for a mortgage rate in Russia to fall to a world level and an apartment in a mortgage will be available, and at the moment they live in rental housing.
Since the summer, banks have tightened the selection of borrowers and increase rates on housing loans. Compared to the spring of refusals to obtain a loan more. Banks take into account the possibility of a crisis, and the fluctuation of the currency – this leads to an increase in rates and conditions for issuing a loan. In the Russian Federation, the average rate reaches 12.1% per annum than in European countries by two three times. But Russian citizens do not refuse a mortgage loan in favor of rental housing.
According to statistics in Moscow, 10% live in rental housing. Property, unlike rental, gives hope that when paying a mortgage, stability will occur. Renting housing, a person pays for it, but he does not owe it.
The rental market is not developed in Russia. There are units of profitable houses. It will take five or six years to build rental housing. The infrastructure of “rental” housing will develop even later, in about ten years.
The advantages of a mortgage
Mortgage and rental payments say that rental is cheaper. Let’s count; rent a one -room apartment in Moscow the average 25 thousand rubles, and a monthly mortgage payment of 50 thousand rubles with interest for 4 million. RUBITARY OF LOOKS. It turns out that the creditor will pay about two such apartments for the entire term (15 years) of the loan. But the cost of the apartment over this period will increase by about three times, which will allow the home owner to increase his investments. The conclusion of the mortgage loan is more profitable.
Rent – forced measure
Why do many families rent apartments. Practice claims that this is a necessary measure of solution with housing. In this case, many are not able to accumulate for the first fee for a mortgage, as well as large monthly loan payments. For the most part, ordinary people solve the apartment problem renting housing.
