IDEAS home Printed from https://ideas.repec.org/a/gai/recdev/19.html
   My bibliography  Save this article

Mortgage in the Russian Federation

Author

Listed:
  • Georgy Zadonsky

    (Gaidar Institute for Economic Policy)

Abstract

In January-August 2012, mortgage housing loans for Rb 611,561bn were extended which figure is 54% higher than the volume of lending in the respective period of 2011. As of September 1, 2012, the outstanding debt on MHL in the amount of Rb 1,765 trillion exceeded by 34.52% that as of September 1, 2011. The positive trend – a decrease both in the share of the overdue debt on MHL in rubles in the outstanding debt and the share of the volume of defaulted MHL in the total debt – continued. In August 2012, the weighted average rate on MHL in rubles rose by 0.1 p.p. and amounted to 12.3% against 11.4% as of December 1, 2011.

Suggested Citation

  • Georgy Zadonsky, 2012. "Mortgage in the Russian Federation," Russian Economic Development, Gaidar Institute for Economic Policy, issue 11, pages 41-48, October.
  • Handle: RePEc:gai:recdev:19
    as

    Download full text from publisher

    File URL: http://www.iep.ru/files/RePEc/gai/recdev/19Zadonsky.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Real Estate; Russian Federation; Mortgage;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law
    • L74 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Construction
    • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services
    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • R52 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Land Use and Other Regulations

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gai:recdev:19. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Olga Beloborodova (email available below). General contact details of provider: https://edirc.repec.org/data/gaidaru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.