Wednesday, October 10, 2007

Utopia with no poor people: Moscow's new billionaire's row

With birds twittering gently in the background, Aras Agalarov explains why he has decided to build a housing estate for Russia's super-rich. Next to him work has almost finished on a vast neo-classical villa; down the muddy track a Scottish baronial mansion rises magnificently above a line of newly planted birch trees. "The people who will live here are of normal social status," Mr Agalarov says. "But there are certain rules. One potential buyer had an Afghan shepherd dog. We don't allow big dogs on this estate. So I wouldn't sell him a house.

Russian Properties News