“As part of anti-crisis measures, we cannot but support preferential mortgages.

This (cancellation of preferential programs. -

RT

) today will leave our territories without demand (for housing. - 

RT

), this means stopping the entire construction process, ”RIA Novosti quotes him.

Deputy Prime Minister Marat Khusnullin said earlier that the high key rate of the Central Bank poses a threat to the housing construction industry in Russia.

Sberbank earlier increased the cost of mortgages for new buildings and secondary housing by 7.3 percentage points, to 18.6% per annum, in connection with the decision of the Bank of Russia to raise the key rate.