Sunday, August 5, 2007

Comfort for Your Wheels

Thanks to my journalist colleagues and especially to Moscow's realtors, any Muscovite who owns an apartment feels like a real capitalist these days. Real estate in Moscow today, as 15 years ago, costs a lot of money. Today, the apartment market, after reaching its peak, seems to be stagnating. Whether a price slump or another surge will follow is anyone's guess, but investors who put all of their eggs into one nest are really on edge. However, those speculating for a rise in garage prices stand to gain: Moscow garages will very soon see their value sky-rocket.

Russian Properties News