Today I will only reply to some of the comments I have received. I was really surprised to find out that in just 2 days, without any advertisement or special promotion, we had some thousands of readers. I am very happy to find out that people are really interested in what is going on around them and they have a strong opinion, either we or agree or not (this is the pleasure of Democracy). Also I would like to thank mrs Cerasela Marin, journalist in the site www.hotnews.ro, as she did an excellent job translating almost all my article to Romanian language, adding also her own approach. So, for [...]
Welcome to the avant premiere of our new film!
“Greece 1999 – Romania 2008: This reminds me of something…” The set and script of the film: 1999, Greece. It was a hot summer, probably one of the hottest in the last 20 years, in terms of temperatures. But it was for sure the hottest summer in the recent history of Greece, in terms of economy. The stock market was in an “upwards wave” since the spring of 1998, but that summer almost every day we had new records coming. The artificial wealth spread in the Greek society was beyond any expectation. Almost 2 million Greek families (out of estimated 3 million) were gambling in stocks, [...]
Romanians and Greeks: Probably the most impulsive Europeans…
The morning’s weather was according to the mood of millions of Romanians all over the world. Cloudy, with a temperature lower than the normal one for this period of year. Most of the people were not smiling on the streets. In my office everyone behaved as if it never happened. But it did and it happen and it hurt them all. Romania lost 0-2 from Holland, last night. I spoke with many people since the morning, all of them are sad, their heart is broken and they don’t have mood for anything at all. I watched the match too, after I had a very important “strategy meeting” with my brother, in [...]
Easier to get Scarlet Johansson in your bed…
… than selling a land in Butimanu with 30 euro / sq.m. It was 2006. Almost 2 years ago and we were in the middle of a very hot summer. I was in Athens, for my usual monthly visit so as to meet with clients, media people, politicians etc. After a really tiring day and 8 meetings, I had a last one in a so called “bad” area of the city. I was invited to meet there some clients, introduced to me by another investor who was satisfied by my advices. Having in my background almost 15 years in the Greek media, it is normal to have quite a few connections and some very good friends. One of them, working [...]
” If i have the connections, why should i come to you?”
As my… quest for serious people to hire continues, except the endless queue of unserious people who do not appear in the interview (or the ones who agree to work and then they vanish), I also have some interesting ones who come to me. Like a gentleman who I met few days ago. He didn’t have any experience and he wanted to be a real estate agent. When I asked him if he knows what to do, he replied that if he knew what to do, he would not come to me. When I asked him if he understands that he has to be out all day searching for properties, he replied that if he had to be all day out, he would [...]
Pipera: An accident waiting to happen…
As we have entered in the summer, I decided to enter in… “hardcore” discussions this period too. Starting with next week, prepare for my approach about various areas and projects. Unfortunately I will not make many people happy, because in many cases the prices are not justified at all. Ok, I know that there are lots of investors who have placed their money in specific zones and today they search for the exit strategy, but I have decided that I prefer to have some enemies (because I will say difficult truths) than to have only “friends” who are convenient with formalities and theoretical [...]
Pessimists, you lost once more!
So, we heard all the pessimists since the beginning of the year. They predicted disaster, collapse and I don’t know what else regarding the future of Romanian economy. They told us irrelevant things connecting the problems of American banks with the Romanian ones, as if Romanian banks have given loans to anyone following the tactics of the Americans. Usually when someone does not try to deeply understand a market, he prefers to search for another one which he knows and he searches for common things, so as to attempt an approach like this. Now we have the official information for the results [...]
Q: How did 2012 start for the residential market in Iasi?
Dan Mihoci: The real estate market is headed towards normalcy, without “sentimental” pretentions of the seller or unfounded requests from buyers with an evident need for consultancy, for both buyers and sellers. Despite the bad weather and the economic and political instability, the real estate market is an interesting chapter for everyone.
Q: In 2011, the year started with a high level of interest but few transactions. How did the market evolve ... 
Thoughts in the plane…
“What is collected by the wind, it is spread by the devil…” Yes, in this case, I am ALWAYS a liar. I can not say the opposite. But I also have my arguments, I think. If my plane flies on 07.50, I have to be at the airport at 06.50 at the latest, one hour before. If I say to the taxi driver this, he will arrive late to me (trying to get one more client meanwhile) and he will bring me to Eleftherios Venizelos airport (Athens’s airport) at 07.00 – 07.10, telling me that it is not a problem and that the people will understand. So, I always lie to them, presenting the hour as 30 minutes earlier [...]