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Real Estate Briefing - Categorized | Emerging Trends, Investment more

In Greece, housing vultures gathering

Posted on 01 June 2012

The rich, and the savvy, are scouring Greek real estate ads. If the country leaves the eurozone, people with dollars, swiss francs and euros will be holding gold. All the better to swoop up prime Mediterranean villas.
According to a Reuters report, interest has spiked this year from international buyers preparing to capitalize on housing values the market thinks could fall by another 20% as the economic and political turmoil continues………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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