The Central Bank proposed to develop the affordability of housing in Russia. The means to achieve this goal will be the leasing of apartments and the development of the rental market, reports “Parliamentskaya Gazeta”.
According to the publication, such data are contained in the Strategy for the Development of the Financial Market of the Russian Federation until 2030, which is published on the official portal of legal information.
In particular, the document notes that the development of the real estate rental market, as well as the expansion of the use of electronic mortgages for mortgages, will help reduce the costs of banks and create conditions for reducing mortgage rates.
In addition, it is noted that the use of apartment leasing will also affect the provision of housing affordability: this is a phased acquisition of housing ownership with the condition of renting the part that has not yet been redeemed. The tenant monthly repays mandatory payments and eventually becomes the owner of the property.
Anatoly Aksakov, head of the State Duma committee on the financial market, said that the practice of providing housing for rent by the state is not yet very common in the Russian Federation, but many citizens have rather limited opportunities to purchase housing even with a mortgage.
“Therefore, there is a proposal that the state or some commercial investors invest in housing construction, and then people could live there and pay for its use,” the parliamentarian emphasized.
Let’s remind, earlier the expert told that it is necessary to consider in the contract of rent of the apartment.
The message of the Central Bank proposed to expand the rental and leasing of housing appeared first on the Realty Times.
