Russians rate real estate, gold and cryptocurrencies as reliable investments

Amid the prevailing uncertainty in the Russian economy against the backdrop of sanctions and the mass withdrawal of companies from the Russian market, citizens prefer to invest in real estate and gold, and are also interested in cryptocurrencies. This is evidenced by the results of a NAFI poll.

Analysts say the number of supporters of real estate investments is declining, though this type of investment remains the most reliable and profitable for Russians. The share of respondents who consider buying real estate the most reliable investment fell from 40% in 2020 to 33% in 2022. Gold purchases, on the other hand, have come to be perceived as a more reliable and profitable investment instrument.

Among those surveyed, interest in cryptocurrencies has risen. Eight percent of respondents said they are reliable, and 11% said they are advantageous. The largest share of supporters of investments in digital assets is among people aged 18 to 24.

Two-thirds of those polled intend to cut expenses and go without some accustomed items in the event of serious financial hardship. More than half will seek extra income, 25% are ready to start spending their financial ‘safety cushion’.

The researchers polled 1,600 people across 53 regions of the Russian Federation in March.

Earlier, in February, NAFI reported that the share of Russians who had heard of cryptocurrencies had rose from 16% to 67% over five years.

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