Bulgarian Property Bubble

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 BubbleDynamics

Other articles related to "bulgarian property bubble, property, bubble":

Bulgarian Property Bubble - Dynamics
... Provided that growth in GDP continued and that property prices had been sustained during the Financial crisis, there was a possibility that the growth of ... sharp drop in the real estate market, including but not limited to lower number of property buyers considerable drop in property prices sharp decrease in property sales many real estate companies have ... It may be accurate to say that the beginning of the bubble burst occurred somewhere around July-August 2008, however the visible tipping point is October 2008 ...

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