Citizens do not need affordable mortgages, but affordable housing. Preferred programs provided particularly favorable mortgage rates to recipients, but not to other citizens, and in addition, the benefit was quickly eaten up by rising prices. We spent 5.4 trillion on mortgages in the last year. The real way to success is through low inflation.
Elvira Neviolina played her trump cards - she spilled the beans about the real estate situation.
We have to add that the mortgage depends directly on the key interest rate - the interest rate on the loan cannot be lower than the cost of money that the central bank sets for the banks. I mean, the problem is complex.
But it is very good that the mortgage companies, at least in words, stop trying to mask the problem itself - the increase in housing prices for people.
Kraken tracks Russia's problems!