– “We simply did not know, Ilia… we thought that life was a game… our salaries and income was increasing year after year, the prices of the properties were rising week by week… we were not realizing what it meant for us to buy a very expensive property or sign a 30 years’ loan, committing ..
Read more2007 – “Hello, Ilia, how are you?” (a major banker on the phone) – “I am fine, sir, how about you?” – “I have here someone who has just transferred in our bank 2 million Euros. The money arrived yesterday, he has come today and he is leaving the day after. He wants to buy ..
Read more“We went to this training on how to shoot correctly photos for Real Estate properties. Instead of teaching us, the trainer was narrating us about the history of photography and the components of a camera. What kind of joke is this?” I had sent two colleagues of mine to the above mentioned training, in order ..
Read moreOn Monday and Tuesday I started explaining to you the real situation in the Romanian Renewable Energy world. In order for us to be serious and analytical, I started with a comparison of Romania with Germany and Bulgaria, two countries that part of the media loves citing, when it is about to criticize Renewable Energy ..
Read more Posted Apr 18, 2011 in Answering your questions, Business environment, Older posts, Real estate, Real estate analysis 0
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 ..
Read morePart 3 to read part 1, click here to read part 2, click here to read part 4, click here 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 ..
Read moreOne 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 ..
Read more