Russian Real Estate Roulette - Mike Maloney In Moscow City

Join Mike Maloney as he visits "Moscow City", a gigantic Russian real estate development bubble gone bust. At the site Mike points out some 9 skyscrapers which lay barren, including the proposed tallest building in Europe, The Federation Tower. Since the 2008 financial crisis, credit has slowed to almost a complete hault leaving the tip of...(rest of article at: http://goldsilver.com/video/real-estate-roulette-moscow-russia/ )

Category:

Education

Tags:

• Russia
• Real
• estate
• bubble
• roulette
• mike
• maloney
• gold
• silver
• invest
• 500oz
• apartment
• moscow
• city
• development
• abandoned
• federation
• tower
• tokyo
• hong
• kong
• sydney
• australia
• new
• zealand

[TheSilverWatch]

Thank-you Mike for continuing to share this real value of information with us all.

[GoldMikeMaloney]

@TheSilverWatch Thank you for watching, and for helping out Mr Drutter with his computer a while back

[IrradiateTheNWO]

What ever happened to the Ruskie you were talking to about the fake gold bullion a few months back? 

[GoldMikeMaloney]

@IrradiateTheNWO There will be an update on this soon, we have news

[GoldMikeMaloney]

@DylanRWirtz That's about it...get educated and get yourself on the right side of this. We can't change what has already been set in place...but we do get to choose which side we come out on.

[nkristian]

rt.com/business/news/moscow-re­al-estate-leader-867/

if you learn wrongly, you will become a sheep....my father said

[nkristian]

:-)another storyteller on youtube:-). Your govt is going to sell out your houses, because your banks must pay for them. The condition is, that anybody can pay cash 500kUSD for house, whole family will get green cards:-). And you are speaking about real estate bubble. Len me remind you, that after some few months US is falling into your own biggest bubble ever called America. You really believe that everyone out of USA is stupid? This is not a good time to lie when everyone has internet and infos

[Bravesfan4500]

@thegreendestiny and Brasil as well

[martydrooo]

Btw I wanted to add but did not have enough room:

The buildings are empty because there aren't enough corporations in russia yet who want to move their offices. At the same time, theres a huge shortage of moscow real estate of all kinds. This isn't vegas where theres unlimited space for expansion and construction, and way too much vacant real estate (overbuilt). Its because theres so little moscow re that prices got so hot (too hot, but only sophisticated investors got hurt).

[martydrooo]

Sorry but this is pretty sensationalist.

I've spoken to sergei polonsky's deputy just last month (when this video was made) and got updates on all the buildings, not just moscow city. SP is the developer, btw. Rossiya/federation tower was canceled in 2009, that's not news. The rest were stalled because the former moscow mayor imposed penalties for late completion that SP didnt want to pay, and until they're rescinded he wont build. He's financed by sberbank (govt) who is also his major tenant.

[ernstrus]

inscription on the poster: completion of construction - March 2010

[MegaHelicobacter]

Will the same thing happen in Taiwan? or in the US?

[ronysib]

Well now they resumed building all these buildings in Moscow with the help of Moscow authorities and of course rising oil

Prices.

[philippeback]

Well, this helps in getting real.

[UncommonThinker]

@lukoilable You're an insane asshole that can't spell. Thanks for commenting.