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    17 Kommentare

    1. it’s really insane how bad prices are in yerevan compared to similarly sized cities with better infrastructure and way more amenities. greedy ass landlords and corporations, unregulated bullshit housing, and indifferent politicians… perfect storm for this nonsense

    2. Typical_Effect_9054 on

      This makes it challenging for people who want to repatriate. High rents can be considered a national security issue if you think about it.

    3. hanckerchiff on

      what was needed are laws and regulations. I remember back in 2022 when Armenian families were literally getting kicked out on the streets so that the landlord can make better buck off of the Russians who were paying double/triple. Many of my friends just moved out of the country.

    4. Chemical-Worker-4277 on

      This gives an not complete picture.

      Almost all of the population in Armenia wants to live in Yerevan and 33% of Armenia already lives there.
      This drives prices up and that is logical, comparing cities in the EU is not realistic. In the EU there is better infrastructure in the rural areas and better facilities in smaller cities, so people want to live there.

      Also almost all the infrastructure and facilities in Armenia are in Yerevan so that is a great attraction for the workforce.
      Some off the industry has to move to other cities in Armenia so that people wants to live there, and are able to work.

      Looking on the listings on list.am, there are lots of people that want to exchange property in rural areas that want to exchange them against apparments in Yerevan. This also does not help.

    5. This is free market, people. No matter how you and I may hate the situation, rents reflect demand. Places where people want to live for whatever reason become more expensive. You can’t blame the windmills for the wind.

      The government does need to intervene and regulate rents, they do need to improve infrastructure, incentivize construction, etc etc. They are not very competent in many crucial areas unfortunately, but this spike in prices I believe is temporary and I also believe we will all learn as we go, it is not an easy problem to tackle.

    6. LotsOfRaffi on

      I’m renting out a one bedroom in the city centre for 220,000 AMD/month so I donno where they found these prices but anyway

    7. I’m not going to even pretend to be well read in economics but these numbers make sense. Armenia is a developing economy and out of no where had a surge of for lack of a better word wealthy migrants (relative to the local population) and when this surge happened the rent prices matched the market demand that is focusing on catering to the wealthy migrants because of obvious reasons.

      As a side note: these landlords with the extra surge of money are spending more in Armenians economy , investing more and the investments could be in millions of ways from investing in their kids education to maybe trying to open a business they never had the extra money for.

      What’s the argument that these high rents are a net negative for Armenias economy?

    8. impossiblefork on

      Eep. That’s higher than some rents here in Sweden, and then you get rather modern apartments.

      How does your country function, when it’s like this?

    9. cringyoxymoron on

      How much of this is driven by recent immigration from Nagorno-Karabakh?

    10. note that the Germany comparison is not correct, apartments in Germany are not furnished (not even a kitchen). If you want something furnished, you pay double.

    11. It’s cheaper for me to live in Milan than Yerevan with the same salary which is just crazy. Especially considering that Yerevan is barely livable nowadays.

    12. FabricSoftener2 on

      Can confirm! Was spending my holiday in Armenia last week, we were shocked by the prices, everything is as expensive like here in Hungary Budapest. But i assume the salaries are lower.

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