These polls confirm the experts' opinion of "the real estate market indicators," that one of the main obstacles to the spread of mortgages in Russia is on the teeth navyazshy myth of the interest rate. Thanks to the efforts of many prominent figures of Russia in the minds of people the size of the mortgage rate was fixed as the main indicator of availability of mortgages. As a result, Russia lags behind Eastern Europe, which had after the 1998 crisis, mainly to solve the problem of availability of housing and it is through a mortgage. The priority national project "Affordable and Comfortable Housing for Russian Citizens" did not appear out of nowhere. One of the basic conditions of stability in the state is its citizens' satisfaction with their housing conditions. And although the company has passed the pre-election under the slogan "I vote for stability," talks about the "orange" danger continue to occur. And they have also not to scratch. One of the hot spots is "housing problem". At the moment, according to the poll conducted holding "Romir Monitoring", the number of respondents who are satisfied with their housing conditions, was less than 40%. If the apartment the next 5 years the problem has been solved at least in some approximation, there is a danger of another disappointment in the actions of public authorities, and then calls the "orange" people can be perceived quite differently than it did in 2007 when they were simply ignored. Meanwhile, 60% of potential home buyers only 18.5% believe that they have sufficient funds to pay off the mortgage. Moreover, only 5.5% are determined to take a mortgage over the next two years. The remaining 13% of the respondents complain about the unfavorable conditions of the loan, high interest rates and high monthly payments. It is interesting that 53% of potential borrowers recognized as among the most important factors in interest rate on the loan. The initial contribution set in the first place 40% of borrowers, and for 22% of the most important is the ease of paperwork. Least of all our citizens care about the long maturity (20 years and over). These factors seem to be important only for 12% of mortgage applicants. The staff of the analytical center www.irn believe that the approach to mortgage lending in Russia is not quite correct. It is because of this approach, the proportion of people who consider the conditions on mortgages unprofitable so great. Banks advertise their mortgage programs that are paying too much attention to interest rates, which in turn creates in the minds of potential applicants credit distorted picture of the world. The fact that the main indicator of availability of mortgages - is the size of monthly payments. Meanwhile, on its own interest rate has very little effect on the amount of monthly payments on the loan. In fact, the monthly payments depends on the level of the minimum initial payment and the maximum term of the loan. Most potential borrowers in Eastern Europe turns its attention to these parameters. For them, it is important to "catch" for the market here and now. That is why there is an overwhelming proportion of loans taken for a period of 20-30 years. Borrowers do not expect to pay off your loan as long term. They expect to increase their income and pay no hope for 20 years or more, and for 5-10 years. For them, as already stated, it is important to get a loan here and now, while prices rose again. Indeed, in the long run, despite the emerging recession periods in prices, real estate is still expensive. But in Russia the majority of people for some reason are afraid to take out loans for a long time. Most loans are taken for a period of 5 to 10 years. It would seem that in Russia live mostly sober citizens. All of them rely on strategically increase their income, that is, if their expectations are met, then they will be able to pay off a loan earlier than originally claimed the credit period. Maybe they somehow think that repay the loan to them no one will. The majority of Russian banks from the very moment when it was first launched on the Russian market of mortgage instrument, began to allow borrowers to certain conditions, the early repayment of debt. But even if we assume that Russian fears of potential borrowers are valid, as already mentioned, the long-term housing more expensive. And as a result of new housing costs will be compensated for all costs of a loan even with an overpayment of a loan. The only justification for the reluctance of our citizens are mostly take loans for a long time is the fact that they are afraid to fail. In this case, they will not be able to pay monthly for the credit, and people believe that they are thrown into the street. However, failure in this form can only occur if the country happens something similar to the default of 1998. The probability of such a scenario, according to most international economists in our country now is very small. If the crisis will occur, its consequences will be far less destructive and less universal, as in 1998. Finally, after all likelihood, that the proceeds of those Russian citizens who are interested in a mortgage, will grow very, very high. According to statistics, about 60% of those who are theoretically ready to take the mortgage - it's people whose income is above average, and another 25% - people with average incomes. Only the remaining 15% - people with low incomes. It is noteworthy that the age structure of those theoretically willing to take a mortgage, similar to the structure of their income. Among the consonants for the mortgage on the share of the most active age (18 to 35 years) accounted for 70%. 20% occur in people aged 35 to 45 years. And only 10% are aged over 45 years. Thus, the most highly paid and active population accounts for 60% -70% of those who are theoretically willing to take a mortgage loan. Accordingly, the probability that the payment for their labor will not increase, or worse, starts to decrease is very small. Finally, if the consciousness of those Russian citizens who theoretically agree on a mortgage, will be conveyed the idea that it is important to take the credit now, but the term can be reduced then, the number of creditworthy Russian population, is likely to prove more than he can seem at first glance. An additional argument in favor of the mortgage is still a fact. As the survey by holding "Romir Monitoring" sum of the average loan is $ 110 in Moscow thousand If you take the money at a rate of 10% with a maturity of up to 20 years, the monthly payment on the loan amount to $ 1,000 a month. This is almost the same amount as the average rental rate in Moscow. In this case the money will not live, and actually invested in their own homes. Nevertheless, Russia remains the leader among a number of Eastern European countries by the number of tenants. According to the company TNS AISA almost one in four adults Russians rent housing. The percentage of homeowners in Russia is 76%, while in Eastern Europe, the figure had already reached 84%. In this case a few years ago the proportion of homeowners in Eastern Europe was at today's Russia. Affordable mortgages for several years have substantially raised the figure. Today about 60% of Europeans are satisfied with their living conditions, and associated plans for improvement with only a simple repair. The Russians, on the contrary tend to think of home improvement or purchase a new home, or building a new home. If the mortgage program will be in Russia proper development (now done through a mortgage of less than 10% of all deals in residential real estate), then after a few years, the percentage of citizens dissatisfied with their housing conditions can be reduced from 60% to 40%, and this is a significant achievement for the country and a significant increase in stability of the state. And these guidelines are not a fantasy. As already mentioned, about 5.5% of respondents are willing to take a mortgage in the next 2 years. Across the whole of Russia, this means increasing the number of mortgage loans, 3 times per year. In 2007, which is considered the beginning of the year the mortgage boom, was issued about 400 thousand loans. If the poll results are confirmed, the number of loans will reach 1.4 million units per year. But if not promoted among the population of interest rate and loan term and amount of down payment, it is likely that the number of mortgage loans in the year may reach the level of 4.7 million units. Theoretically, this means that within 5 years, other things being equal can be solved "housing problem" for those in need. The "Indicators of the real estate market," emphasizes that this result can be achieved only if adequate capacity in construction. Otherwise, the demand for mortgages will lead to a new jump in housing prices, which then becomes completely inaccessible to people. And then about what else to say stability will be too late. However, without the promotion of the mortgage at current price levels to make housing affordable for the majority of people can not.
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