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Hungarian housing market to become more lively again

Posted on 17 June 2011

The rescue package announced by the government for troubled debtors is hoped to finally reinvigorate Hungary’s residential property market. Any boost is highly appreciated, given that the market has been essentially frozen since 2009. But if you thought it would also mean bargains galore, don’t get your hopes up just yet.
The package allows banks to gradually sell off the toxic assets in their portfolios……………………………………….Full Article: Source

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