A story out of Moscow today explains how yachts are becoming the new must-have luxury item among the elite upper classes in Russia.
In fact, one luxury yacht retailer claims to be selling 5 times more boats than last year. This is in a country where the mildest coastal towns experience only a couple of months of suitable boating weather at best.
The story goes on to say that many of these "new boaters" don't even use their boats; they just like to say that they own a boat!
Don't believe it? It's true, because I read it in this online UK newspaper. Check it out here.
Learn more about Russia here or here.
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