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Elite rental prices come back to earth

Published: 09 May, 2009, 11:31


RT Photo / Alexey Novikov

Russia's elite rental market has slumped about 30% since Novermber, marking a return to earth for Moscows once notoriously overpriced elite rental rates.

 
1 COMMENT
tariq May 12, 2009, 09:02 quote
0

i think still rentals are very high in moscow and if rentals and other things come down upto the normal range than russia will be a best place for doing business and lot of forign investors will come to invest big money as i discussed many business friends and everybody think that margin of profits in russia very high but the expenses are also very high ,it would be better if margin of profits come down as well as expenses also come down so investment will be lower and risk of investment also be lower.

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