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Rent spikes in Georgia and Armenia as Russians flee fearing mobilisation

Monthly rents in Yerevan now run to €800–900 for a two-room flat, up 23.5% year on year in August, while Tbilisi rents have stabilised after 60–70% jumps following the full-scale invasion of Ukraine in 2022. Russian nationals account for 72% of all foreign property transactions in Armenia.

We haven't written up this one. Euronews has the full story — the link below goes straight to it.

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