26.02.2009 - Bulgarian property is a far cry from Hungarian goulash
From Investorschronicle.co.uk: Central and eastern European economies are in danger of financial collapse, with dire implications for the region's property markets. Hungary's residential property market threatens to destabilise its entire economy as almost every residential mortgage is in a foreign currency - typically Swiss francs. The Hungarian forint has slumped in value and high levels of consumer default seem inevitable..... Full Article: Source
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