Economist Tsyganov: apartments for rent are bought as a supplement to pension 
A good addition to the state pension, allowing to maintain the usual level of consumption, Alexander Tsyganov, head of the department of social economy at the Financial University under the Government of the Russian Federation, told Regnum agency.
The expert called real estate one of the most popular and relatively affordable tools for saving money. The demand for apartments is growing due to inflation and “not the highest deposit rates,” he said.
“Given the need for long-term and reliable preservation of individual pension savings, then buying a second property will be popular for a long time to come,” – the economist predicted.
According to him, the rise in the cost of secondary housing in Russia is due to a number of factors, including a decrease in the availability and number of proposals on the market of new buildings. “Plus there is a factor of the end of the year and expectations of annual premiums and bonuses when the demand for housing grows. The migration flow from the regions and the CIS countries supports the demand for housing in large cities, “Tsyganov concluded.
Earlier, the Russian billionaire, President of Becar Asset Management Alexander Sharapov called the purchase of a” pension odnushka “an easy way to survive on retirement. In another way, it is difficult to save up for retirement in Russia, and the payments themselves for the elderly are not high, the businessman said.