Realtors: the abolition of preferential mortgages will accelerate the cost of rent in Moscow
Analysts said that the abolition of preferential mortgages may cause an increase in the cost of renting rental housing. Rent has already risen in price by about 10 percent compared to 2023, said realtors cited by RIAMO.
Business mobility contributes to the development of the rental housing market in large Russian cities, said Natalya, associate professor of the Department of Economic Policy and Economic Measurements of the State University of Management. Kazantseva. She also mentioned the impact of domestic tourism and the presence of many in-demand educational institutions in Moscow.
The expert suggests that many renters are planning to buy their own property when the key rate falls.