European experience of the mortgage lending development
Victor Sirotkin
(about the author)
Sirotkin Victor A. – Candidate of Science, Economics, Associate Professor of the Chair of Professional Economic Training (Russian State Vocational Pedagogical University, Yekaterinburg)
Keywords:housing, investments, lending, mortgage, mortgage lending, savings, state participation
Citation: Victor Sirotkin (2015). European experience of the mortgage lending development. Russian Journal of Housing Research, 2(2), 109-118. doi: 10.18334/zhs.2.2.512
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Abstract:
This article shows the analysis of existing mortgage lending conditions in the European Union. The author considered the conditions of the Construction Savings program implemented in the Czech Republic. The conclusion was made that different mortgage lending models need to be implemented in Russia; this will provide access to housing for large segments of the population.