Underground children: new Muscovites are ready to live in windowless basements

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Underground children: new Muscovites are ready to live in windowless basements
Underground children: new Muscovites are ready to live in windowless basements
13 September, 20:43SocietyPhoto: Соцсети
At current real estate prices, residents of the capital can afford only the cheapest and smallest apartments.

The share of mortgage transactions in old Moscow reached a record 79%, and in New - as much as 84%, the Dvizh pro nedvizh channel quotes data from the Est-a-Tet agency.

At the same time, according to experts, the popularity of subsidized mortgages is expected to grow: they usually take a loan with the easiest monthly payment and a repayment period of 25-30 years. However, it is often extinguished much faster.

Experts explain these figures by the fact that today it is almost impossible to buy an apartment in the capital without a mortgage, except for basement apartments without windows. The mortgage bubble is getting bigger and bigger.

Moreover, “without windows” should be taken literally: apartments on the basement and mezzanine floors are increasingly being put up for sale in Moscow.

The channel notes this trend as a massive one: the business is reconstructing basements and putting them up for sale at a low price.

“This is austerity:

- No apartments, only apartments;

- Some of these "cells" even without windows;

- Area 11–33 sq. m, no more.

On average, such apartments are cheaper by 20–40% than housing in the same houses on ordinary floors. The minimum price is 1.43 million rubles, which is nonsense for Moscow.

There is a demand - there is an offer. People are ready to live in a closet without windows, "but their own." At current prices for real estate inside the Moscow Ring Road, an ordinary person without a 30-year mortgage can only afford a basement. But this is a wild market - reasonable limits are needed, which only the state can set. The question is ripe, we are waiting.

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