Majority of residents perceive renting to be a more lucrative financial decision compared to purchasing homes through mortgages.
In a recent study conducted by the SuperJob job search service, the housing market preferences of Tomsk residents have come under the spotlight. The survey focused on opinions about rental housing and mortgages, revealing interesting trends that suggest a shift in the city's housing market.
One of the most notable findings is the preference for renting among younger Tomsk residents. A staggering 45% of respondents under the age of 35 advise renting an apartment, which could be attributed to financial constraints and the appeal of flexibility that renting offers.
In contrast, among respondents aged 35 to 45, there are more supporters of mortgages, with 32% favouring home ownership. Interestingly, younger respondents (under 35) also have a higher percentage of mortgage supporters, at 21%.
The study also reveals a correlation between income and housing preferences. A significant percentage of Tomsk residents with a higher income prefer renting, at 44%. On the other hand, mortgage supporters are more common among respondents earning less than 50,000 rubles, at 32%.
While the data does not provide specific insights into the preferences of Tomsk residents by gender, general knowledge of housing trends suggests that women may be more likely to prefer mortgages, with 28% of women and 25% of men in favour.
However, the survey findings also underscore the uncertainty surrounding the housing market, with 35% of the respondents finding it difficult to give an answer about rental housing or mortgages. Another argument against mortgage loans is that they are risky, given the uncertain employment situation.
Despite the high interest rates, supporters of mortgage loans believe that it's better to pay for their own home with a stable and sufficient income. Opponents, however, argue that the interest rate is too high to take a mortgage.
The preference for renting an apartment increases with income, as supported by the data. A smaller percentage of Tomsk respondents with lower income prefer mortgages, at 32%. Another argument against mortgage loans is that they are risky, as today's employment situation is uncertain.
The study provides valuable insights into the housing market preferences of Tomsk residents, but it is important to note that more precise information would require local surveys or studies on Tomsk’s housing market preferences segmented by age, gender, and income. Such data would provide a more comprehensive understanding of the city's housing market trends.
In the study, a larger proportion of high-income Tomsk residents opt for renting an apartment, possibly due to financial considerations or the appeal of flexibility. Contrastingly, among those earning less than 50,000 rubles, a majority prefers mortgages, indicating the potential allure of homeownership even with higher interest rates.
