federalizmФедерализмFederalism2073-1051Plekhanov Russian University of Economics10.21686/10.21686/2073-1051-2019-4-161-180federalizm-128Research ArticleЗАРУБЕЖНЫЙ ОПЫТOVERSEAS EXPERIENCEХарактеристика ипотечных кредитов и новое решениеCharacteristic of Mortgage Loans and a New SolutionКовачЛ.KovacsL.

Ковач Левенте - Генеральный секретарь Венгерской банковской ассоциации, доцент и руководитель Института финансов и бухгалтерского учета.

Мишкольц-университетский город, Н-3515.

Kovacs Levente - Secretary General of the Hungarian Banking Association, Associate Professor and Head of the Finance and Accounting Institute.

Miskolc-University Town, H-3515.

kovacs.levente@hba.org.huПасторС.PasztorS.

Пастор Сабольч - Доцент кафедры Международной экономики.

площадь Людовика, д. 2, Будапешт, H-1083.

Pasztor Szabolcs - Assistant Professor at the Department of International Economics.

2, Ludovika square, Budapest, H-1083.

pasztor.szabolcs@uni-nke.huУниверситет МишкольцВенгрияUniversity of MiskolcHungaryНациональный университет государственной службыВенгрияNational University of Public ServiceHungary20191812201904161180Copyright © Ковач Л., Пастор С., 20192019Ковач Л., Пастор С.Kovacs L., Pasztor S.Данная работа распространяется под лицензией Creative Commons Attribution 4.0.This work is licensed under a Creative Commons Attribution 4.0 License.https://federalizm.rea.ru/jour/article/view/128

В связи с ростом численности населения в мире и повышением уровня жизни возникает естественная необходимость действенного решения жилищных проблем. Авторами статьи предлагается новая формула для использования на ипотечном рынке, которая основывается на концепции «непрерывности приведенной стоимости погашений». Данное решение обеспечивает заемщику более низкие, в пересчете на текущую стоимость, первоначальные ежемесячные платежи. Новый подход предлагает альтернативу такому методу, как сдача в аренду собственности, и может послужить практическим инструментом, помогающим всем желающим стать собственниками жилья, что в итоге оздоровит весь мировой ипотечный рынок.

As the population of the world continues to grow and living standards continue to improve, we must find an adequate solution for housing issues. The first part of this paper tried to shed more light on the drawbacks and the past anomalies of the world mortgage market. We observed different continents and tried to point out the main causes behind the bottlenecks of mortgage markets. The reasons varied across countries but some similarities emerged, such as that in the initial period repayments places a huge financial burden on households. The second part of the paper introduces a new mortgage market formula which is based on the concept of “continuity of the present value of the repayments”. This solution provides lower and, in present value terms, even initial monthly repayments for the borrower. The new approach offers an alternative to renting and could serve as a good tool to help achieve home ownership, as well as lead to a healthier global mortgage market.

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The authors declare that there are no conflicts of interest present.