Russians are building apartments like crazy. Result? Moscow prices are heading down
This content is archived.
Make no mistake – Russia is building. In 2013, Russia built more apartments that at any time since 1989, with around 912 thousand apartments built.
Yet despite Russia’s enormous oil output, Russia’s economy is slowing. Excess power in the hands of Putin, plus the Ukraine crisis, are stoking ‘hot money’ outflows.
The rest of this archived report is part of Full Access.
