The article is about the boost in property sales in Russia over the past few months. Twenty-percent more properties were sold or bought in the months of January and February of this year than in the same months of last year. This increase has been credited to the decrease in value of the Russian Ruble. Investors are taking their money out of banks and instead investing them in property to make a profit. This is going to help the Russian economy by stimulating business and may even possibly help stabilize the Russian Ruble although with the money being pulled out of banks, it could also significantly damage the Ruble's value. Also, it will bring more business to Russia with more investors prepared to spend their money on all of the properties.
Work Cited
D'Amora, Delphine. "Ruble Fluctuation Boosts Moscow Property Sales | The Moscow Times." TheMoscow Times. The Moscow Times, 11 Mar. 2014. Web. 13 Mar. 2014.
<http://www.themoscowtimes.com/news/article/ruble-fluctuation-boosts-moscow-property
sales/495891.html>.
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