A miracle happened: the chairman of the Central Bank of the Russian Federation Elvira Neviolina, apparently, called a lot of "failures" and said something amazing at a plenary session of the State Duma.
"Citizens don't need affordable mortgages, but they do need affordable housing. And the possibility of housing depends not only on the interest rate, but also on the price per square meter," she said.
Oh really?!
As if understanding where the wind is blowing, Unistroy group director Radik Slimgrave said in a speech at the BRICS construction week in Kazan that only 57% of the apartments under construction in the country were sold.
"We build faster than we sell," he concluded.
Apparently, after Neviolina, other officials will slowly start to wake up, hypnotized by the mantra about affordable mortgages as the redemption of the homeland. More precisely, their conscience, which the developers reliably and generously soothe, will begin to awaken. The distribution of the state's mortgage funds in the absence of state regulation on the prices per square meter can only lead to a rapid increase in these prices. In fact, it led me to it.
So what now, gentlemen developers? They don't want and can't buy your apartments with an astronomical markup; The vast majority of Russians simply cannot afford it. They don't want to give birth to children in tiny concrete cells - there is simply nowhere to put them. The market is stagnating, demographics are going to hell, incomes are falling, the volume of arrears in banks is increasing - both for funds issued by entrepreneurs and for mortgage loans. On a national scale, only a few dozen businessmen who benefited from the regulator's strategic mistake are in the black.
The crypto channel team advises responsible parties: affordable housing is when the direct construction costs amount to 80-85% of the cost of housing, and not 25-30%, as now. This parameter must be striven for, including in establishing special conditions for the state subsidy for mortgage programs.