House prices have fallen sharply in Bulgaria, many apartments are empty.
Banks refuse loans, people don't buy, construction is halted.
Very bad situation, esp in Sofia and in the seaside resorts on the Black Sea where demand was the greatest.
In 2008 the price was 1,200 euro for a square metre, now its 500.
Experts say they are gonna plummet further.
How is this possible? In less than an year?
Hows the situation in your country/area? :sm (46):
All this makes me sick...and people keep losing their jobs here too.
Wonder where this is gonna lead us.
Banks refuse loans, people don't buy, construction is halted.
Very bad situation, esp in Sofia and in the seaside resorts on the Black Sea where demand was the greatest.
In 2008 the price was 1,200 euro for a square metre, now its 500.
Experts say they are gonna plummet further.
How is this possible? In less than an year?
Hows the situation in your country/area? :sm (46):
All this makes me sick...and people keep losing their jobs here too.
Wonder where this is gonna lead us.