No one wants to sell in a recession because the price is so low, they hang
onto the properties and rent instead. I guess this was the first recession
your colleague's (ex)landlord had seen. Absolute idiot :)


2009/1/14 Marika Waern <[email protected]>

> Hi Jessica,
>
> I can tell you that my colleague's landlord increased his rent from $3000
> to $3800 in November with the argument that the recession would make less
> people afford to buy and hence would rent instead so rental prices should
> increase! My colleague hardly agreed and found another apartment, better
> standard and the same size for $2600. The landlord never imagined that they
> would actually move and quickly dropped his price back to $3000; too late.
> The apartment is still on the market from what I know.
>
> Marika
>
> 2009/1/12 Jessica Bachman <[email protected]>
>
>> Hello Expats!
>>
>>
>> This is Jessica with The Moscow Times.
>>
>> I am writing an article on how the crisis has affected prices for Moscow
>> apartment rentals. Have any of you asked your landlords to lower the rent,
>> in connection with general market prices falling, salary or housing
>> allowance cuts?
>>
>> Has anyone had to move out and find a cheaper apartment in recent months?
>>
>> Has anyone recently rented as apartment (either econ-class, Soviet, or
>> luxury) for a large discount?
>>
>> Any information you could provide will make my story much more
>> interesting! Please e-mail at [email protected] or call me at the
>> office at 234 3223 ex. 4355.
>>
>> Thanks!
>>
>> Jessica
>> _______________________________________________
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>> http://www.lists.ru/mailman/listinfo/expat
>> http://www.expat.ru/forum/
>>
>
>
>
> --
> Marika Waern
> Moscow
> Mob. Russia +7 985 231 6499
> Mob. Sweden +46 7308 32054
>
> _______________________________________________
> Expat mailing list
> [email protected]
> http://www.lists.ru/mailman/listinfo/expat
> http://www.expat.ru/forum/
>



-- 
Best Regards

Nick Wilsdon

e3internet
http://www.e3internet.com

Skype: Nick_Wilsdon
Tel: +7 495 223 2329 (ext: 128)
Blog: http://nickwilsdon.com
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