February 21, 2022

Good Parking Spots Are Worth It


Good Parking Spots Are Worth It
We've all been so desperate for a good spot that we'd be willing to pay through the nose. The Russian Life files

Really need a place to park your car, or a spot to store your shoes, but can't quite make ends meet for it? Fortunately, VTB Bank has your back, as they're about to offer loans for customers looking specifically looking to take on parking spots and closets, the idea being that the convenience of a reserved spot and extra space in apartment buildings will be worth the cost to consumers.

Customers looking to get a loan will have to pay 20% of the space's or storage unit's value down and 10.7% interest, but if you just gotta have somewhere to put your Lada, here's your solution. Maximum loans reach 4 million rubles ($53,000) in Moscow and St. Petersburg, where parking is a premium, and 2 million ($27,000) elsewhere in the country (We'd love to see what a parking space valued at $53,000 looks like).

Loans can be laid out for as long as thirty years, although we hope we'll have flying cars by then.

We can't say Dave Ramsey didn't warn us. At least this seems a little more permanent than some other expenses.

You Might Also Like

Dirty Money
  • July 07, 2021

Dirty Money

“We are strengthening the protection of banknotes from the effects of harmful microorganisms.” – On July 5, Deputy Chairman of Russia’s Central Bank Mikhail Alekseev explained plans for the modernization of Russia’s bank notes
The Mai Tais Are Worth It
  • June 22, 2021

The Mai Tais Are Worth It

Ever been so desperate for a vacation that you're willing to go into debt? According to a new study, more and more Russians are.
Like this post? Get a weekly email digest + member-only deals

Some of our Books

A Taste of Chekhov
December 24, 2022

A Taste of Chekhov

This compact volume is an introduction to the works of Chekhov the master storyteller, via nine stories spanning the last twenty years of his life.

The Little Humpbacked Horse
November 03, 2014

The Little Humpbacked Horse

A beloved Russian classic about a resourceful Russian peasant, Vanya, and his miracle-working horse, who together undergo various trials, exploits and adventures at the whim of a laughable tsar, told in rich, narrative poetry.

A Taste of Russia
November 01, 2012

A Taste of Russia

The definitive modern cookbook on Russian cuisine has been totally updated and redesigned in a 30th Anniversary Edition. Layering superbly researched recipes with informative essays on the dishes' rich historical and cultural context, A Taste of Russia includes over 200 recipes on everything from borshch to blini, from Salmon Coulibiac to Beef Stew with Rum, from Marinated Mushrooms to Walnut-honey Filled Pies. A Taste of Russia shows off the best that Russian cooking has to offer. Full of great quotes from Russian literature about Russian food and designed in a convenient wide format that stays open during use.

93 Untranslatable Russian Words
December 01, 2008

93 Untranslatable Russian Words

Every language has concepts, ideas, words and idioms that are nearly impossible to translate into another language. This book looks at nearly 100 such Russian words and offers paths to their understanding and translation by way of examples from literature and everyday life. Difficult to translate words and concepts are introduced with dictionary definitions, then elucidated with citations from literature, speech and prose, helping the student of Russian comprehend the word/concept in context.

The Moscow Eccentric
December 01, 2016

The Moscow Eccentric

Advance reviewers are calling this new translation "a coup" and "a remarkable achievement." This rediscovered gem of a novel by one of Russia's finest writers explores some of the thorniest issues of the early twentieth century.

The Samovar Murders
November 01, 2019

The Samovar Murders

The murder of a poet is always more than a murder. When a famous writer is brutally stabbed on the campus of Moscow’s Lumumba University, the son of a recently deposed African president confesses, and the case assumes political implications that no one wants any part of.

At the Circus
January 01, 2013

At the Circus

This wonderful novella by Alexander Kuprin tells the story of the wrestler Arbuzov and his battle against a renowned American wrestler. Rich in detail and characterization, At the Circus brims with excitement and life. You can smell the sawdust in the big top, see the vivid and colorful characters, sense the tension build as Arbuzov readies to face off against the American.

About Us

Russian Life is the 31-year-old publication of an award-winning publishing house that also creates books, and other products for Russophiles the world over.

Latest Posts

Our Contacts

Russian Life
73 Main Street, Suite 402
Montpelier VT 05602

802-223-4955