Hi Ricky, you are not alone with arrogant landlords who ignoring the crisis
situation.
I am living in western-styled, secure residential complex close to Gorky
Park for many years. The rent of our unfurnished 3-room-appratment has
nearly doubled over six years and the last raise (10%) had to be sharply
negotiated with the management (Hines) of this complex last September (15%
wanted!!!) when first signs of financial crisis in Russia were already
visible. Our contract will be stopped next month because of a new job (the
employer has to be the rental contract partner). Instead of keeping a solid
tenant and reducing the rent, our landlord/management keep the high price
(rubles) on the September's level and offers 10% decrease for one of the
vacant, new renovated apartments. Until crisis there was always a waiting
list for apartments in this complex now there are at least five apartments
available since last November. The objective of this approach is clear - no
customer focus, only focus on the own short term ("extra-"*) salary. *paid
by renovation company
If we are forced to move why should we stay in this complex while the
market is collapsing? More and more expats need to pack their bags and
leaving Moscow. There is enough renovated high quality space on market. I
just started a search...
Regards
Simone
Message: 2
Date: Sun, 1 Feb 2009 12:06:55 +0300
From: Ricky <[email protected]>
Subject: Re: Expat List Lower apartment rental prices in Moscow?
Moscow Times article
To: The Moscow Expat List <[email protected]>
Message-ID:
<[email protected]>
Content-Type: text/plain; charset="iso-8859-1"
Hi guys, seems, we are the naive ones.
when we signed the lease for our 3 room luxury apartment (70 sm) close to
Kutusovsky in Dec 2007, the landlord asked for 4000 USD and wanted to be
paid in RUB: 98,000 back then. When Dec 08 came up, we extended the lease
for 6 months. Now the landlord wants to be paid in USD (4000). So, in total
terms, it looks like it neither increased nor decreased. Problem is, we get
paid in RUB, so, now it looks very different: RUB 128,000, an increase of
30% !!!
Just the thought of having to move, especially now in winter, or having to
put up with an apartment less luxurious, makes me bolt. This is my
justification, but quite an expensive one :-(
Regards
Ricky
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