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February 2, 2010
The Russians Are Buying
By Svetlana Kononova
Special to Russia Profile
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Since the early 1990s, buying property abroad has been a popular way for wealthy Russians to invest money and build bridges to a safe and comfortable life in Western countries. This trend has long been associated with members of high-society such as oligarchs, high-ranking officials and celebrities. However, since the real-estate prices have fallen during the economic crisis, a new segment of middle-class customers has emerged.

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