Business of Real Estates become dangerous
Buying of real estates was the easiest and profitablity invest. You don't need a hard knowledges about finances, business or economy, to realize a big profit. You just needed a little cash and wish to invest in quickly getting more expensive quare meters living area. After years of raising prices and high persentage, more of European countries started to feel the first signals for overturn of the trend. Ireland for example, for 2007 is signing a hard decreasing oif the prices with more than 7%.
COuntries from Eastern Europe, like Poland aand Bulgaria, are still getting good with high persentage of returning, but there the market is dependent from foregn invests. In conditions of world economy delay, foreigners may become a little bit more reserved to invest their money in second home, and with this the raising of the price will delay.
Labels: Business News
posted by Zoritza Petrova @ 2:26 AM
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