Friday, July 6, 2007

Is Moscow the Most Expensive City?


When I saw the headline I couldn't believe it. "Moscow Ranks As World's Priciest City." The AP dispatch begins like this, "Moscow is the world's most expensive city for the second year in a row, thanks to an appreciating ruble and rising housing costs, a new survey reports." I have yet to travel to Moscow, and while I have known that things are changing in Moscow, from what I've been reading, I would have never imagined that it could possibly be more expensive than New York or London or Tokyo.

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