Alexander Sugonyako: «Mortgages are not worth the wait»

18.02.2011 14:16
Articles about real estate | Alexander Sugonyako: «Mortgages are not worth the wait» Renewal of the mortgage in Ukraine should not wait at least two years. Such a forecast today during a press conference announced the president of the Association of Ukrainian Banks (AUB) Alexander Sugonyako.

"The market is building in stagnation, and I think that even two years he will be in this state. Some construction companies and banks have designed and implemented today lending. Accordingly, people get apartments, but these are isolated cases - an exception to the rule ... because construction - this is the only industry that continues to fall ... the fall has slowed but not stopped. Without addressing these global challenges, in particular, and incomes fall, borrowers, mortgage lending will not resume, "- said A. Sugonyako.

Related article: Credit for housing has fallen in price

According to him, the main rule in this matter - is paying entity. "Moreover, not only today but also tomorrow. Yesterday's negatives prevent accelerated return to pre-crisis rate", - concluded the president of AUB, wrote UBR.
Content tags: Mortgages
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