Darwin wrote a long time ago (1859) in his book "the theory of evolution" that neither the strongest species neither the most intelligent survives.....rather the most adaptable.
I guess this theory applies in each and every aspect of life and seemingly in real estate too. The actual estate party started in 2000 and began ending in the summer of 2008, back then every single physique was trying to make a good profit in the "el Dorado of Balkans".
No enterprise plan, no target group...no nothing.Only the greed for a fast profit and all that in a period in which as an owner the liquidity of the actual estate was comparing with the 1 of the stock market.
Today the cruel reality the investors are facing is that there is no 1 to sell to except the "finish user". The only actual require to be satisfied is the want for housing because the want for speculation us surpassed by the fear of monetary "stagnation"
So what is the genuine estate segmentation appropriate now?
Most of the actual estate transactions are up to 70-80.000 euro, this amount being the "ceiling" because the credits obtained by the population are warranted from the National Bank of Romania up to this amount (prima casa).
The question is which is going to be the trend the following years to come and if the old communist bloc apartment will continue selling.
A couple of months ago a buddy of mine called me really happy to announce me that she was going to get an apartment.
Since she wanted my opinion I asked her two questions...
The initial was the year the block was constructed.....and it was about 1975.... and the second questions was..."following 10 years whom are you going to sell to?".
There was a pause on the phone and following she thanked me she told me she had to believe it once again....I truly don't believe is necessary to mention what she did following all but we all know what she didn't.
Following all some times the answer is inside us.....the issue is to locate the correct questions.