Photo: Sergey Fadeichev / TASS
The cheapest housing in Russia is sold at half the speed of a more expensive but better quality. This was at the St. Petersburg international economic forum (SPIEF) said the General Director of the HOUSE.Of the Russian Federation Alexander Plutnik, the correspondent “reports Tapes.ru”.
“The rate of sale of high-quality housing in two times higher than housing’s cheap but not comfortable, said Plutnik at the session “investment in the development of the urban environment.” Developers two times faster return the invested money than those who build less comfortable, but cheaper housing.”
CEO of the HOUSE.Russia stressed that the Russian housing should be cheap, should it be available. It is necessary to develop tools that increase housing affordability — first and foremost, such as mortgages, Plutnik said. “With the development of cheap low-quality mortgage housing just will not be bought, demand will move to a more high-quality projects,” he said.
Earlier in may the HOUSE.Russia appreciated, many Russians in 2019 is able to afford the mortgage. According to statistics from the regulator, to repay the loan on housing, spending for it no more than a third of their income may more than 40 percent of families in the country.
Video, photo All from Russia.