According to the rumors that are being spread in Russian social networks lately there are over 800 shops, cafes and so on have been closed in Moscow alone since the year started. They say that the main reasons might be the national currency price which is now two times less than it was last summer. The blogger Ilya – who we are really fond of for his nice photos of Moscow and other places – has went into the city to make photos and understand by himself are the shops really closing and why this might be:
He went around a few most famous Moscow streets and says that really there are plenty of the closed previously to be active commerce points.
“Now it’s really hard to lease a commerce spaces.”, says Ilya. “Sometimes the reason for this is the greed of the landlords.”. He says that a the property owenrs used to get the lease payments in Euro. Now the euro currency is twice more expensive but the landlords still want to get paid in euro, but the shopkeepers get paid in rubles so for them it became twice as much to pay.
Ilya calls it to be a psychology of a taxi driver: “I won’t go for less. I’d better won’t go at all. So the shops are empty and not leased”.
“For example this is Zara shop on Tverskaia street”, says Ilya, “well it was Zara shop before, but they weren’t be able to agreed with a landlord and moved out. Now its Bosco shop”.
“Also there are a lot of banks that went out of business last year”, continues his walk the famous Russian blogger.
“Master Bank had a lot of offices – now they are all are empty”.
Ilya concludes that on Tverskaia street (one of the most famous and visited Moscow downtown streets) there are around 10% of commerce spaces are up for lease or sale.
“It looks really shocking if to shoot just them”, says Ilya.
Most of the bills posted here are offering short term loans. “Loans. Loans. Fast Loans. Loan in one hour.”.
Thanks a lot to Ilya for his awesome photos (again!)