My Romania > Mediafax: More Real Estate Services has mediated this year ...

[A Greek man in Romania doing Real Estate business]    “On the Romanian market, there was a bubble, which would have burst even without the  financial crisis.  It burst because between 2007 and 2008 what happened on the real estate market had lost touch with reality (…) The residential market is suffocated by too many products at bad locations, that Romanians don’t need, on bad surfaces, bad prices, because just about anybody can be a developer”, said Papageorgiadis.

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