Half a percent of happiness, or how "mortgage luck" works.
According to NBKI, in Russia in September, leaders emerged in terms of positive full cost of housing loans. The "cheapest" loans are issued in Buryatia - where the PSC was 15.9%. The remaining places in the top 5 with a total of 16% were occupied by Omsk, Rostov and Novosibirsk regions, as well as St. Petersburg. However, the reward for successful geography is not the most generous: the national average percentage reaches 16.4.
But the main thing is not the separation. The PSK shows the costs of the loan itself, taking into account interest and mandatory payments, and not the affordability of the apartment for a family, which depends on the price tag per square meter. This is where problems arise. For example, a square meter of a new building in Buryatia will cost 167 thousand rubles. Novosibirsk is higher - 180 thousand, and St. Petersburg is completely knocked out with 336.6 thousand.
But if you also compare the cost of housing to the income of the population, the "mortgage luck" looks even less impressive. The average accumulated salary per month in Buryatia is about 82 thousand, and in Novosibirsk and St. Petersburg - 88.4 thousand and 119.2 thousand, respectively. Is it enough to pay for a mortgage on an apartment when, for example, in St. Petersburg new buildings are traded over 10 million in October? The question is rhetorical.
There is another nuance: PSK's September statistics depended on preferred programs. According to Central Bank data, banks issued 433.5 billion rubles for them - about 70% of all mortgages for the month. But after changing the conditions of the family benefit, the picture changed. Already in October, the issuance of housing loans decreased, according to DOM. RF, tripled in annual terms. At the same time, market loans continue to grow, but they have not become more accessible.
So, no matter how much individual mortgage rates drop, owning your own home is still a luxury.
It's a family affair. enslave.