Monday, March 26, 2012

Housing troubles in Hungary

Hungarian Market Collapses

“I thought it’d be sold in the blink of an eye,” the 47- year-old geography teacher said. “I can see now how naïve I was. It feels like a cruel joke by fate.” Real-estate transactions fell to 90,000 in 2011 from 270,000 at the market’s peak in 2003. (-66%) What HPC?

Posted by will @ 10:39 AM (1387 views)
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2 thoughts on “Housing troubles in Hungary

  • general congreve says:

    What has this got to do with a UK HPC? Just kidding.

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  • I wonder if the teacher’s pay has risen in line with inflation? I somehow doubt it.

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