The Crumbling Ruble And Sanctions Are Pushing Russians Out Of London's Property Market

Russian buyers are flooding out of London's property market, according to an amazing Bloomberg piece.  Sanctions, bank limitations on withdrawals and the shattered ruble are killing Russian demand for luxury London housing. All but the most wealthy Oligarchs are getting hit by the country's crisis, according to the article: The number of Russians registered through Christie's International Real Estate to buy homes in the city dropped by 70 percent in a year, said Giles Hannah, the broker's seni...