Bookcover of Romanian Property Bubble
Booktitle:

Romanian Property Bubble

Mortgage loan, Mortgage law, Mortgage note

SaluPress (2013-01-09 )

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ISBN-13:

978-613-9-08270-4

ISBN-10:
6139082706
EAN:
9786139082704
Book language:
English
Blurb/Shorttext:
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. After the relative calm of the decade of the 1990s, since 2002 Romania has experienced a dramatic increase in property prices. Between 2002-2007 the median price for an old communist-era apartment rose by a factor of 10 (x 1000%), from around €10,000 to circa €100,000. Today some apartments in central Bucharest have prices comparable with those of properties in Paris or London, and in virtually every small town the median housing price rivals that of similar towns in the European Union.The Romanian market is also atypical compared with other Central European countries. By contrast with Hungary, Poland or the Czech Republic subsequent to joining the European Union (where prices remained stationary), when Romania joined the EU in 2007, housing prices jumped by some 20%.
Publishing house:
SaluPress
Website:
http://www.betascript-publishing.com
Edited by:
Klaas Apostol
Number of pages:
152
Published on:
2013-01-09
Stock:
Available
Category:
Economics
Price:
34.00 €
Keywords:
Property, Bubble, Romanian, Mortgage Loan, Mortgage Law, Mortgage note

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