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Reality check for latvian realty

Posted on 05 June 2009

FromForbes : Latvia is now one of the worst casualties of the credit crisis in Europe and its overheated property market is behind the collapse.
Once one of the fastest growing markets in Europe, house prices in the capital city of Riga have plummeted 50.4% in the last year, according to Arco’s own statistics………Full Article: Source


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