Question by Mike: Is it a good idea to start real-estate activity in the Russian market at present?
My company is looking forward to move into a new market to expand our business activity, build houses, apartment blocks, etc. We are specifically considering the Russian market. Is it or is it not a good idea, at present? Appreciate your advice.
Answers and Views:
Answer by Yulia
It’s a bad idea – the crisis in Russia right now is worse than it is here. Nobody would consider buying anything right now. People are loosing their jobs, prices go up, well….just like here.
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