So are they rushing over here, or rushing out of here?

We’re talking about the economic meltdown in Russia.

According to Beauchamp Estates in London, the effect is being felt in the London property market as wealthy Russians, desperate to get their money out of Moscow, are panic-buying.

Beauchamp Estates told the Telegraph it has seen a 10% rise in sales of luxury London homes to Russians.

Gary Hersham, founder of Beauchamp Estates, said: “I currently have half a dozen Russian clients urgently looking to spend over £20m each on buying a new home in central London.”

Rokstone sounds as though it could go one better: according to Becky Fatemi, managing director of the firm, the number of Russian clients on her books has doubled this year.

She said: “There has been a big upturn in Russian buyers since the collapse of the rouble and the slowdown in the Russian economy due to international sanctions. The Christmas season has not stopped them looking.

“Currently I have several Russian clients looking to spend up to £100m on a home in London.

So that all seems perfect clear.

Until you turn to the Guardian, where John Taylor, a top-end estate agent with a large number of Russian clients, said it had seen “a collapse in interest” from Russians.

The drop in the value of the rouble has made London “prohibitively expensive”, according to managing director David Adams.

He said: “I have no doubt that many Russians would like to have more money in bricks and mortar in London, but it does not make sense to purchase when the currency adds 40% to the price.”

And then there’s Savills, which said it had not seen “drastic decisions” from Russian buyers in recent days.

Jonathan Hewlett, head of Savills London, said: “As the currency crisis around the rouble unfolds, we might see some previously active buyers pausing on a property search, or some even considering the sale of an existing home.”

However, he added, London’s status as a safe haven for wealthy Russians to store their money could deter them selling off any property they have in the capital.

Perhaps. According to the Financial Times, many Russians are billionaires in shares only, and the stock market collapse means they are likely to sell their homes in London.