Moscow Real Estate looks for rebound
Published: 05 January, 2010, 11:45
Edited: 06 January, 2010, 13:46
The Moscow residential real estate market has been lucrative, with an accommodation deficit driving sales and rental prices over the last decade. But it too felt the impact of the 2009 economic downturn.










Perhaps it is time to take the capital of the Russian Federation to another place as Kazakhstan has done. Yekaterinburg could be a good place being close to the Caucasus and St. Petersbourg but, at the same time, in Siberia. A thriving city like Yekaterinburg becoming capital of the Russian Federation would send a message to the Russian people and take the center of population a little more to the East. The Russian Government will be closer to Astana (Kazakhstan) and to China, so they will have a more clear picture about the Russian territory. Also, Russians living in Krasnoyarsk or Khavarovsk would feel better represented by a fellow Siberian city like Yekaterinburg. It will be placed at the same time next to the Hub of the Russian population and economy and next to the natural resources that feed the same Russian Federation.