Wednesday, November 30, 2011

Experts advise taking a mortgage

The decision to "housing problem", according to sociologists, was and remains a major problem for almost 60% of Russians. Moreover, based on income and property value, buy yourself whatever it may be flat, only 8% of the population. Experts told the views of several options for purchase of apartments and houses that can come to dominate the market in the coming months. Swiss bank UBS analysts in a report entitled "Pricing and revenue," notes that in Moscow the cost of living is increasing faster than wages, but the Russian capital is still in the middle of the list of most expensive cities in the world. The experts compared the 73 largest cities, comparing them to prices, wages and purchasing power of residents. "In the" rich "areas of Moscow apartments in the future will be more expensive, but in" poor "is very important - where half, and where, and four - will drop." In terms of prices on a basket of 122 goods and services, but excluding rent, Moscow for those 15 months has risen in the ranking by 12 positions to 56th place (55.6% of the New York City) to 44 th place (65.8%). In terms of wages the Russian capital has risen by one notch from 41 th to 42 th place (26.5% and 30.5% compared to New York, respectively). In terms of domestic purchasing power of capital over this period has moved forward by two positions from 37th to 39th. The most expensive cities in the world, according to UBS, left Oslo, Zurich and Geneva, followed by the list followed by Tokyo, Copenhagen and New York. The lowest prices were recorded in Mumbai, Manila and Bucharest. In addition, Auckland and Sydney for the first time and ended up in the first third of the list. Living in Caracas, in contrast, was much cheaper than last year. Inflation in Venezuela is more than 40%, but its effect was offset by almost 50% devaluation of the Venezuelan bolivar. The highest purchasing power at the rate of their hourly income after taxes have employees in Zurich, Sydney, Miami and Los Angeles. In many developing countries due to the significantly lower level of wage purchasing power of workers in large cities is 80% lower than in Zurich. The lowest rates recorded in Jakarta, Nairobi and Manila. "These figures certainly curious, but very few people will calm of our fellow citizens with you, - says CEO of consulting VIEW" Bureau of Information Support of investments "Victor Shcherbakov. - The truth is that the average total income of the absolute majority that does not allow them to keep up with housing prices. In fact, the two options - to suffer, as tormented by their parents and grandparents, grandmother, or take a mortgage loan. Loans from banks at the same time also "terribly far from the people" and higher than the average 2-3 times at least. " According to statistics, the average German can accumulate on a panel in a new apartment for a year or two, as the price of such housing, for example, on the outskirts of Berlin today is 650-750 euros per square meter, and wages - about 2-2.5 thousand euros a month. In Moscow today, it is difficult to find a new building for the price even close - they start at 90 thousand rubles per square meter, while the average in the order of 110-150 thousand rubles for a "square". LOOK interviewed experts and capital market, realtors are confident that prices will continue to grow, although not as fast as before the crisis, but at the same time, they will outpace inflation. Thus, the average growth forecast for the cost of square feet - is the order of 10-15% per year, at least. Moscow Guild of Realtors put the figure at 40-50%. Therefore, the solution of housing problem now for most of one - a mortgage, cheapened considerably over the last year. Today, interest rate hovers around 12-14% per annum and continues to decline. On the other hand, the reduction rates leads to the popularity and demand for loans, which, in turn, break up housing prices. In this regard, analysts are advised not to delay selection of ways to solve the housing problem. Analysts web portal MneDa a study entitled "The quality of urban and residential real estate in Moscow," argue that the crisis "freezing" salaries and some solutions mayoralty of the capital in zhilstroitelstva lead to the fact that the city finally be divided into affluent areas, "the rich" and disadvantaged - "the poor". That is a "rich" areas of the apartment in the future will be more expensive, but in "poor" is very important - which doubled and quadrupled, and where - will drop. Experts divided by 241 Moscow area, who sorted out of 50 indicators, such as: comfort and quality of life environment, ecology, infrastructure, environment, etc. n. On the formation of a socially disadvantaged areas have low impact development potential of the region, particularly social and ethnic composition, the high level of crime, the presence of large industrial plants and much more. List of districts, the leaders in the well-being, according to the version of the study's authors, is not new: in the top 30 includes mainly areas of the center and south-west and west, including Sparrow Hills neighborhood and Krylatskoye. The most-most - is the Patriarch's Ponds, Nikita, Arbat, Frunze Embankment, Kutuzov prospect. Looks terrible list of metropolitan areas and whole regions, which may soon become the ghetto of Moscow and "Harlem": residential development between Dmitrov and Korovinskoe Highway, areas adjacent to the Yaroslavl Highway, as well as Sviblovo, Golyanovo, Metrogorodok, North Izmailovo, textile workers, Vykhino , Veshnyaki, Kozhukhovo, Zhulebino, Biryulyovo, Tsarina. All these areas meet the following general criteria: distance from the center and the total transport disadvantage, the large number of houses of category 8-9-storey "Soviet panel", ie, the cheapest and hopeless in terms of settlement, a high percentage of living the so-called "limits" sample "Brezhnev era." Last but very important factor - the largest flea markets, where the "reign" and live in the neighborhood of representatives of the peoples of Asia and the Caucasus. As the authors of the study, in the near future the cost of housing in deprived areas can drop to 30 thousand rubles per square meter in Golyanovo, Businovo, Kapotnya, Karacharovo, Kurianovo and West Biryulyovo. Up to 50-60 rubles per square meter prices will fall in Vostryakovo, Kuskovo Degunino, Ivy. Up to 75 thousand decrease the price of "squares" in South Butovo, South Chertanovo, East Biryulyovo, Tsarina, printers, Medvedkovo Sviblovo, Vykhino, Zhulebino, Novokosino, North Izmailovo Khovrino, Beskudnikovo. If you compare Moscow with European and world capitals, what they like to do many politicians and experts, you should consider not only the high cost of the main shopping streets, but also dysfunctional ghetto, which gradually became commonplace everywhere. In Paris, Berlin, Rome, Madrid and other capitals, there are areas where you do not recommend to go the "natives", and the police appear to prefer them only in armored personnel carriers. The facts speak for themselves - ethnically unreliable regions becomes every year more in every capital of the world, and Moscow is no exception.

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