Thursday, December 13, 2007

A Real Estate Bubble Where? It May Surprise You

When I returned back home to Bulgaria in late 2004, people everywhere told me that real estate was definitely the best investment; I also heard that real estate is the safest investment — real estate prices never go down, right? Anytime I tried to object, people interrupted me and said that I was just citing textbook stuff that didn’t apply to Bulgaria; this wasn’t the time to be theoretical, but to make money in real estate.

source: bulgarianpropertyagent.com

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