COVID-19’s impact on the Russian Rental Market: From Moscow to Irkutsk

    Feb 16, 2021 @ 09:01 AM / by Andrew Morollo

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    The rental market in Moscow was greatly affected by the onset of the COVID-19 crisis, which resulted in many expats leaving the city, while simultaneously the local population suffered from a sharp increase in unemployment. Many expensive properties were left vacant by the exodus of expatriates, with the local population generally unable to spend as much on rent.

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