Quote:
Originally Posted by wghosh
hi .. was looking at that couldnt afford to .. property in romania sofia tirana riga tallinn all inflated prices mate one guy i know has moved from riga to get out.. ive gone for a cheap low risk investment in egypt with year round sunshine and no finance taken!!
Dave
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Dave. Perhaps you can elborate in relation to over inflated prices. Last year In Romania over 85% of properties were bought without finance! Therefore, when so many people are paying cash how can a market be inflated. It is stupidity fuelled by finance that inflates a market. Therefore, based on pure demographics you have mistakenly catogorised Romania with other markets.
PS have you looked at the demographics of the Egypian market?