He doesn't think that the market is in danger of dropping in the next period of time. "Those who say so are the usual investors used to invest one leu and earn two. But, the prices will not grow at the same rate as before", said Vosganian. The minister added that, if in the '90 the retrocessions would of been made properly, we could of had more real estae spaces". Meaning that the pression over the real estate offer would of been smaller.
Houses will be cheaper in 2008
Publicat la 22 aprilie 2008, 03:00
Estimation. The real estate properties prices will decrease slightly starting with the end of the year, because of the increase in the offer of new houses, says Varujan Vosganian, minister of ecoomy and finances.