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    During Soviet times, the government provided apartments based on space norms, though private ownership was limited until the 1990s. Now, real estate prices in Moscow continue to rise due to economic conditions, averaging $11,000 per square meter on the outskirts or $12,000-14,000 in prestigious areas, and sometimes exceeding $15,000 per square meter for a flat. It costs around $300 per month to rent a one-bedroom apartment and $500 for a studio in central Moscow. Many cannot move from their Soviet-era apartments if their family lives in a two-room apartment originally granted by the state. Some residents cope with costs by renting their apartments while staying in dachas outside the city.

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    In 2008, Moscow ranked top on the list of most expensive cities for the third year in a row.[105]

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    moscow 23

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    During Soviet times, the government provided apartments based on space norms, though private ownership was limited until the 1990s. Now, real estate prices in Moscow continue to rise due to economic conditions, averaging $11,000 per square meter on the outskirts or $12,000-14,000 in prestigious areas, and sometimes exceeding $15,000 per square meter for a flat. It costs around $300 per month to rent a one-bedroom apartment and $500 for a studio in central Moscow. Many cannot move from their Soviet-era apartments if their family lives in a two-room apartment originally granted by the state. Some residents cope with costs by renting their apartments while staying in dachas outside the city.

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    2 views1 page

    Moscow 23

    Uploaded by

    a2962109
    During Soviet times, the government provided apartments based on space norms, though private ownership was limited until the 1990s. Now, real estate prices in Moscow continue to rise due to economic conditions, averaging $11,000 per square meter on the outskirts or $12,000-14,000 in prestigious areas, and sometimes exceeding $15,000 per square meter for a flat. It costs around $300 per month to rent a one-bedroom apartment and $500 for a studio in central Moscow. Many cannot move from their Soviet-era apartments if their family lives in a two-room apartment originally granted by the state. Some residents cope with costs by renting their apartments while staying in dachas outside the city.

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    Living costs[edit]

    During Soviet times, apartments were lent to people by the government according to the
    square meters-per-person norm (some groups, including peoples artists, heroes and
    prominent scientists had bonuses according to their honors!" #rivate ownership o$
    apartments was limited until the %&&'s, when people were permitted to secure property
    rights to the places they inhabited" Since the Soviet era, estate owners have had to pay the
    service charge $or their residences, a $i(ed amount based on persons per living area"
    Due to the current economic situation, the price o$ real estate in )oscow continues to
    rise" *oday, one could e(pect to pay +,''' on average per square meter (%% sq $t! on the
    outs-irts o$ the city[&&] or .S+/,0''1+2,''' per square meter in a prestigious district"
    *he price sometimes may e(ceed .S+,',''' per square meter in a $lat"[%''] [%'%] [%'3] 4t
    costs about .S+30'' per month to rent a %-bedroom apartment and about .S+%0'' per
    month $or a studio in the center o$ )oscow"
    5 typical one-bedroom apartment is about thirty square meters (636 sq $t!, a typical two-
    bedroom apartment is $orty-$ive square meters (,20 sq $t!, and a typical three-bedroom
    apartment is seventy square meters (706 sq $t!" )any cannot move out o$ their
    apartments, especially i$ a $amily lives in a two-room apartment originally granted by the
    state during the Soviet era" Some city residents have attempted to cope with the cost o$
    living by renting their apartments while staying in dachas (country houses! outside the
    city"
    4n 3''/, )ercer 8uman 9esources :onsulting named )oscow the worlds most
    e(pensive city $or e(patriate employees, ahead o$ perennial winner *o-yo, due to the
    stable 9ussian ruble as well as increasing housing prices within the city"[%'6] )oscow
    also ran-ed $irst in the 3''7 edition and 3''2 edition o$ the survey" 8owever, *o-yo has
    overta-en )oscow as the most e(pensive city in the world, placing )oscow at third and
    behind ;sa-a at second"[%',] :ritics o$ their methodology argue that this survey
    replicates the li$estyle that a senior e(ecutive would have in <ashington D:, counting
    certain very e(pensive brand name $oreign goods, but disregarding the many lines that
    are $ar cheaper in 9ussia, e"g" household sta$$, drivers, nannies, etc"[citation needed]
    4n 3''2, )oscow ran-ed top on the list o$ most e(pensive cities $or the third year in a
    row"[%'0]

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