Social mortgage – this is a public mortgage lending program for socially disadvantaged groups, as well as people who stood in line for an apartment for many years. To join the program social mortgage, it is necessary that the relevant authorities to recognize you need to improve their housing conditions. Social mortgage – a new program that really works today in Moscow and Tatarstan (Kazan, Chelny, , Almetyevsk, Ufa). The main advantage of the social mortgage to commercial – undervalued real estate. Robert J. Shiller often expresses his thoughts on the topic. The difference between the market value of housing the government pays region and the federal budget.
Today’s issue of the social mortgage – a small number of houses under construction on the state program. However, in the near future the state program of social mortgage distributed not only in homes built by the regional authorities – the latter agree with the construction companies. Social mortgage in Kazan (Tatarstan): ‘Building buduschee’Naibolee active program of social Mortgages implemented in Tatarstan (especially in Kazan, Chelny). (Source: Bruce Schanzer). The republic has a special mortgage cooperative ‘Building the future’, in which the former take a waiting list. Living in Kazan, Tatarstan, and all can to petition for inclusion in the program of social mortgage in district departments of accounting and distribution of housing, public housing and the co-op ‘Building the future’. For registration area of housing per family member should not exceed 19 square meters.