Mortgage: will the income of the population overpower the rise in prices



March 24. FINMARKET.RU – State stimulation of demand in conditions of falling housing commissioning provoked a rise in prices. Housing prices will continue to rise in 2021, and only the curtailment of the preferential mortgage program can slow down the rise in prices, according to Standard & Poor’s (S&P), who are concerned about the issuance of loans to low-income groups of the population, as well as a general increase in the population’s debt. The main lobbyist for the preferential program, the Ministry of Construction, continues to insist on the need to extend the program, writes Nezavisimaya Gazeta. Experts interviewed by the newspaper believe that one should not deliberately reduce the growth rate of mortgage lending.

Libertex [CPS] WW

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