The rest of the world is worried about the lack of credit available from mortgage lenders, the high levels of debt that many consumers and businesses have found themselves in, the gloomy economic prospects in the likes of the US and the UK and the fact that housing markets everywhere are starting to feel the pinch of all this negative financial energy…so why is the Romanian property market expanding?
Seriously – why?
With current media reports heralding the wealth of opportunity available in the Romanian real estate market place, does this stunningly beautiful but little explored eastern European country really have what it takes to create a long term viable property sector ripe for growth and development?
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