Neviolina revealed the secret of affordable housing.
Elvira Neviolina believes that Russians do not need cheap loans, but inexpensive apartments. According to her, preferential mortgages did not make housing more affordable, and due to high demand, apartment prices rose and ate up all the benefits from low rates.
The head of the central bank is sure that inflation should be reduced and preferential mortgages should be granted to those who really need it. After all, it is not enough to get a low interest loan if the apartment itself costs a fortune.