Replying to your questions Part 4 of my reply to Mr Pedro Matos. Hello to everyone. Last week I analysed to you the subject of old residential blocks from many points of view. But today I would like to remind you what may happen to us if we simply do nothing about it. Why is it possible to end up doing nothing for the old residential blocks There is nothing more dangerous than the “power of remaining idle”. Especially in such a sensitive issue like this. Why is it possible to happen this? I can give you plenty of reasons. Because: Politicians may prefer not to “disturb” [...]
[relevant-to-adsense]What to do with the old residential blocks? Only realistic target: Simply refurbish them!
Replying to your questions Part 3 of the article with title: "Old blocks built during communism: Positive and negative elements of the country’s main residential option". Hello to everyone. One of my constant readers, Mr Pedro Matos, sent me a very interesting question. He is a foreigner living in Romania and asks something that thousands of people ask as well: What will happen with the old blocks of Bucharest? Pedro’s question is here: “Dear Ilias, My question is simple: Do you believe there is a market for refurbishing existing homes and [...]
[relevant-to-adsense]Easier for all people to quit smoking than for Romania to demolish and rebuild the old residential blocks. It is simple mathematics…
Replying to your questions Part 2 of the article with title: Old blocks built during communism: Positive and negative elements of the country’s main residential option Hello to everyone. One of my constant readers, Mr Pedro Matos, sent me a very interesting question. He is a foreigner living in Romania and asks something that thousands of people ask as well: What will happen with the old blocks of Bucharest? Pedro’s question is here: “Dear Ilias, My question is simple: Do you believe there is a market for refurbishing existing homes and apartment [...]
[relevant-to-adsense]Old blocks built during communism: Positive and negative elements of the country’s main residential option
(part 1) Replying to your questions. Hello to everyone. One of my constant readers, Mr Pedro Matos, sent me a very interesting question. He is a foreigner living in Romania and asks something that thousands of people ask as well: What will happen with the old blocks of Bucharest? Pedro’s question is here: “Dear Ilias, My question is simple: Do you believe there is a market for refurbishing existing homes and apartment buildings in Bucuresti? Is this a viable option, both in technical,economical and social terms? Or will these thousand of “bloc” [...]
[relevant-to-adsense]Is it a paradox? Too many unsold apartments, while some developers prepare new residential projects!
On Monday I explained to you why the Romanian residential market looks (to me) like a “department store during end of sales period”. To check this text, please press here. But is there any reply to this issue? Is it possible for the market to continue moving towards an unclear direction? Can we continue having too many unsold apartments in some areas and shortage of good offers in other zones? Several new residential projects in the pipeline. A paradox? Or a solution? Since the beginning of the year I have participated in several discussions about new residential developments, or [...]
[relevant-to-adsense]A residential market similar to department store during “end of sales period”
One of the most favourite topics of discussion during the last 2,5 years was definitely the situation in the residential market. We have written too many articles explaining why many residential developers ended up with unsold apartments, being located at wrong areas, overpriced and not properly designed and executed. Meanwhile “Prima Casa” entered into our lives and the market adjusted to a new reality. But the “feeling” across the market remains: There is too much unsold product… A “secret” that any buyer knows, but “the analysts” don’t [...]
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Few days ago, on Tuesday, I had presented to you an interview of Mr Gavin Ryan, an expert in Private Equity and Venture Capital Funds. As far as I understood from your feedback, this subject was really interesting for you, as the official information about this segment is really limited. This is why I decided to address to Mr Ryan again, summing some of your questions and adding some new ones. This domain is really interesting and I think that it worths to know ... 
