Now that Russia has secured the 2014 winter Olympics in Sochi, the rush to make the city more expensive has begun. Sochi is currently a very popular domestic vacation spot for Russians.As the Olympics come closer, more foreigners will come and the prices will inevitably rise. How would you cash in on this 7 year out bounty?

Build an island that looks like Russia! I would have also accepted: Build a ski resort in a city that is guaranteed snow every winter or build a gaudy skyscraper in St. Petersburg to flaunt your countries gas wealth.

Blantantly ripping off The World artificial island chain that is being built in Dubai, Sochi hopes to create some high priced luxury real estate to rob foreigners blind. Not atypical for Russian businessmen. My prediction is that by 2014 the island will exist, but it will be uninhabitable mounds with temporary structures erected on non-landscaped dirt selling 500% mark up on the same souvenirs that can be bought in Sochi proper.