It is official now. Whether you like it or not it is here. We are about to see “who has been swimming naked”. Construction, estate agents, construction materials, tourism will feel it shortly. Banks, financial services to follow. Ready to dive?
Posts Tagged ‘crisis’
When the prices go down
After all, you only find out who is swimming naked when the tide goes out. Warren Buffett Recent articles discuss the possibilities of price falling in the real estate sector in Bulgaria. Some websites even have dedicated section for properties with falling prices. According to the statistics in some areas the prices are falling with [...]
Property market in Bulgaria – the party is over?
A recent article in The Economist put the start in the discussion whether the prices of the real estates in Bulgaria should go down or not. It was not very long after that and discussion was started related to that article. Of course, according to the Bulgarian real estate “experts” the prices will not go [...]
Why do the Brits leave?
A recent article in Capital newspaper discusses the reasons that led to decrease in real estate sales in the last year. It is not a secret that after the initial boom currently there are about 20 000 apartments for sale in Bansko and over 200 000 on the Black Sea. Their number is increasing every [...]