Bulgarian Property Bubble
There were rumors and speculations regarding the existence of a property bubble in Bulgaria since at least 2006, however many interested parties (especially banks) tended to discredit such a possibility. Most of all, since the property bubble has been the driving force in GDP growth in Bulgaria most players in the market, including government have been satisfied with the situation.
Read more about Bulgarian Property Bubble: Dynamics
Famous quotes containing the words bulgarian, property and/or bubble:
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—P.J. (Patrick Jake)
“Man was born rich, or inevitably grows rich by the use of his faculties; by the union of thought with nature. Property is an intellectual proposition.”
—Ralph Waldo Emerson (1803–1882)
“Then a soldier,
Full of strange oaths, and bearded like the pard,
Jealous in honor, sudden, and quick in quarrel,
Seeking the bubble reputation
Even in the cannon’s mouth.”
—William Shakespeare (1564–1616)