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Reply to "DC Housing Prices drop beginning "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]https://tinyurl.com/y97q24np 26% list price drop [/quote] In fact, prices for apartments and other real estate are declining around the world. As you might have guessed, the cause is coronovirus infection. I always thought about buying a house by the sea in Spain and now there are awesome prices there, but I can’t even go there because of an emergency. I thought for a long time and decided to choose another country and buy some real estate during this period because the prices are very favorable . My friend works as a realtor and he said that the biggest decline in apartment prices happened in Bulgaria. Have you ever heard about the city of Varna? Varna is a port city and seaside resort on the Black Sea coast of Bulgaria. It is located near other resorts: Golden Sands, Saints Constantine and Elena. There used to be very expensive apartments and offices, but now I found the [url=https://www.suprimmo.net/bulgaria/region-varna/varna-properties/]Bulgarian property for sale Varna Suprimmo.net[/url] at very competitive prices! I found one awesome apartment for 85,000 euros and it’s not so expensive because it looks like some kind of VIP room in a hotel. I advise you to look at the photos![/quote]\ In the future the flights are going to be too pricy for you to enjoy a cheap seaside vacation in Eastern Europe. So price will keep low...[/quote] The Bulgarian apartments are sold mostly to Europeans, either as investments or part time residences. Not to Americans. Europeans can still get to Bulgaria by train. But I'm sure there's a short term impact and we will see what happens in the long run with flights. The age of cheap air travel may be over, then again it may be an aberration and we return to the normal in a year or two. [/quote] The European Project is doomed. First the refugee crisis, now the COVID. The free flow of people is coming to an end soon. Imagine you have to apply for a visa and go through border each time to enjoy a seaside vacation home? You'd rather rent than buy, b/c of all the inconvenience. Europeans were sooo spoiled in the past 20 years by the European dream. Now they have to adjust. So no thank you.[/quote] The point of the EU is that you don't need a visa to pass between countries and Europe is so small that most people drive or use the amazing network of trains that they had. I can see vacationers or holidaymakers with second homes no longer flying across the Atlantic to get there but to say that the union itself will fail is a ridiculous overstatement. In fact, they need their alliance more than ever to fight against COVID-19 which is why Britain is begging for re-admittance to EWRS (the European version of the CDC virus watch) and because of Brexit they're left out in the cold. https://www.theguardian.com/politics/2020/may/02/uk-seeks-access-to-eu-health-cooperation-in-light-of-coronavirus[/quote] Professional collaboration yes, but regain sovereignty especially border control, yes. Otherwise, what the point of Brexit? Also, the Eastern Europeans are the first to take back control of their border during the refugee crisis. Anyway, short vacation home in Bulgaria. [/quote]
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