Crisis of the world mortgage


Habitation purchase any more is not the main priority in a life. Last social researches testify to it in the European countries. If earlier habitation purchase, and accordingly and hypothecary credits, were one of overall objectives in a life of young Europeans, now it not so.

What has occurred? The basic problem is the rise in prices for the real estate which while in any way does not manage to be stopped. For the majority of young men own real estate while remains inaccessible. To take the credit young Europeans while too do not hasten, as on credit repayment the third part of earnings leaves. And by the way there are also other things for which the youth prefers to spend money.

In Russia while such tendency not strongly extends, therefore while the mortgage develops. But very many fluctuate before making a choice in favour of the credit for habitation. After all proceeding from the modern prices for the real estate and credit rates, it is necessary to refuse to itself in all. And whether we are ready to it?

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This entry was posted on Tuesday, August 28, 2007 at 3:48 пп and is filed under About credits in general.