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News

14/12/2004

Putin and Gref discussed the mortgage lending

Vladimir Putin has discussed with the head of the MEDT German Gref, the prospects of development of mortgage lending. As the president of Russia, because of too expensive loans "Today, unfortunately, the majority of citizens can not fully benefit from the scheme of mortgage lending" .

Gref, for its part, reported that the 2004 will be issued for 35-40 thousands of mortgage loans, and the next year - up to 120 thousand. According to the head of the MEDT, with certain conditions, including those of state mortgage lending in 2008 "we can go to the issuance of a million mortgages a year" .

"Need of state to ensure that the mortgage has become a massive ", - said the head of the MEDT. Gref said that there are two means of improving housing conditions in which to date in Russia need 10-12 million households. Municipal housing "will not be able to resolve this issue" , he said. "But if we develop a market-based methods, the year will double and even triple the number of loans issued by" , - Gref said.

Source: Strana.Ru

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