Absorption rates will emblematize subsidized, anterior of all for blossoming families, he oral during a televised query and answer assignation on Wednesday.
Putin spoken that the current percentage of 11% for mortgage loans is relatively high. However, he said this is based on the high rate of inflation.
" An 11% mortgage rate is a lot, but if inflation was 7.7% in the first nine months and is expected to be approximately 8% by the end of the year, then banks that provide mortgage loans should have revenue just over the level of inflation or these operations are meaningless for banks, " Putin said.