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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
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
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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