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HOW PRICES HAVE CHANGED.

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| July 01, 2006 | COPYRIGHT 2006 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Irish Independent)

*Price of a one-bedroom flat in central Moscow

1996: Less than 22,000

2006: 250,000 minimum.

Property prices are now closer to those of Dublin and London because of the oil price boom, a lack of supply and a realisation that they were originally undervalued. Muscovites are having to take out mortgages to buy property for the first time

The super-rich head for the suburb of Rublyovka, where prices start at 10million (and they'll throw in a helicopter for free).

*Price of a meal for two in a standard Moscow restaurant

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