Experts: Expanding a family mortgage can lead to an explosive increase in housing prices

The expansion of the preferential program looks interesting, the expert noted. At the same time, he recalled how the prices of apartments rose during the period of the mass preferential mortgage for new buildings. If you expand a family mortgage for all families with one child, the demand for housing loans will grow sharply. About half of the families raise one child, the expert emphasized. Millions of citizens will become potential participants in the program.

The expert of the mortgage market Sergei Gordeyko agrees with this. In the absence of other mass preferential programs, the demand for housing can grow significantly, at least 30%. Sergei Gordeeko suggested that in conditions when bets on a market mortgage are barrage and reach 28%, many people will want to use a preferential rate while it is available.

Oblomov considers a more effective solution to restrict the cost of a “square” of housing available on a preferential program. As such a limiter, you can use the value of the cost of the “square” established by the Ministry of Construction. This indicator is now used in the calculation of social benefits and the purchase of housing in the framework of social programs. Each quarter is updated. The expert added that this measure will support developers who are ready to sacrifice profit and offer a social price. They will be able to attract additional buyers.

source: CYANOGEN