Putin called for helping builders to sell housing, and people - buy

The federal and regional authorities should help both builders and citizens in the acquisition of housing to normalize the situation in the real estate market, said Russian President Vladimir Putin.

At a meeting with the head of state, the Governor of the Kirov Region Nikita Belykh noted that "the situation in the real estate market is now not easy, nevertheless, builders continue to work and expect that including those measures that are being discussed in the government, will lead to an increase in housing demand, " Interfax reports.

Belykh emphasized that if these measures, "including those related to subsidizing part of the mortgage rates, really can be implemented, then they should give an appropriate impetus and increase the purchasing power of citizens."

“This is a very important question. It is necessary both at the federal and regional levels to help realize this housing - to help builders to realize, and people to help buy,” Putin said in turn.

According to Rosstat, in 2015, 83.8 million square meters were built in the Russian Federation. m of housing, which is 0.5% less than in 2014. During the meeting with the head of Bashkiria, Rustem Khamitov, Putin noted that he was pleased with the pace of housing construction.

Recall that in the framework of the in the spring of 2015, the programs for assisting the primary housing market, the banks participating in it give customers a mortgage at preferential rates (not higher than 12% per annum). This program should end in March. Meanwhile, in the Ministry of Construction and players in the market offer to extend it .