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I was thinking....

Now Moscow is the most expensive city in the world to live in

That record was only for expats, and most of the money was on rent. There was a big shortage of quality accommodation in the city. Now you can rent an executive two bedroom flat for peanuts in Moscow.
 
That record was only for expats, and most of the money was on rent. There was a big shortage of quality accommodation in the city. Now you can rent an executive two bedroom flat for peanuts in Moscow.

I wouldn't go for peanuts. But they have dropped by about 70% - about 5 years ago it could easily be 10-15k US for a decent western apartment in a decent area. Hotels have dropped too, normally I stay in the Radisson Slavyanskaya. Our corporate rate has dropped from about 700 US to just over 100 gbp.
 

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