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The debt of Russians on installment plans for new buildings reached 1.5 trillion rubles

As of September 1, the debt of Russians on installment plans for new buildings reached 1.5 trillion rubles, according to Dom.RF. This is roughly every sixth equity participation agreement, 6% of mortgage debt, and almost half of auto loan debt.

#BankRossii #equityparticipation #newbuildings #installmentplan #escrowaccounts

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In August, the sell-through rate of housing under construction in Russia fell to 68%

In August, the ratio of sold housing under construction to its construction readiness in Russia fell by 1 percentage point to 68%, Dom.RF said. This is the lowest level since 2020, and in buildings that are due to be completed this year, 56% of the area had been sold by the end of August.

#gazprombank #newbuildings #aircraft #familymortgage #CentralBank

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Personal Experience: A Punk Girl Goes to Work as a Realtor in St. Petersburg

I wandered through neighborhoods of new developments, trying to at least convince myself that selling such a future to living, thinking people, with a 30-year mortgage, wasn’t a crime. I honestly tried to break myself and become a successful person against my own nature. Here’s how it went—and here’s how it ended.

#lifeinRussia #mortgage #acrisis #personalexperience #violence #theproperty #newbuildings #punks #realtors #StPetersburg #Ethics

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