[yurish]

Hard to tell, prices raised unevenly. Real estate have become very expensive. As for day-to-day spendings my unscientific gut feeling tells me that I spend somewhere 25% more. Official figures of inflation something like 12-15%.

[slaw]

Why real estate become even more expensive?

[yurish]

Several reasons. It started during COVID times when it was not clear if we are facing new economic crisis. So wealthy people used real estate to protect their savings. Then the government decided to support construction companies by subsidising mortgage for young families and as a result stimulating demand. And now again uncertainty of current situation stimulate people invest their savings in something safe. On the other hand sellers were afraid that ruble will fail significantly and raised prices so high that sells almost stopped. Right now prices to real estate are going down a bit.

[slaw]

Thank you for answer. The same situation is in all economies where government prints money and people are afraid currency will lose value so it it better to keep wealth in real estate.

[seydor]

that's as much as it is in europe

[nicbou]

Agreed. Real estate got really expensive in Berlin, as did rent. Food got more expensive like everywhere else, and now energy costs tripled (I just got the letter from my landlord).

I'm not cheering for anyone to hurt more than us. It's just a crappy situation all around.