Analyzing The Romanian Residential Market Under The Global Economic Crisis Effect
As the financial crisis effects continue to spread around the world, Romania is no exception to the global economic climate, as the country continues its attempts to better integrate into the European Union. To what extent is the Romanian residential market affected by the United State financial crisis? What are the causes and effects of the Romanian crisis? How has the crisis evolved so far and our prognostics regarding it? These are some of the questions to which we answer in the present article. We will take into consideration factors such as the residential market of both new and old products, comparing their evolution up until March 2009 and studying their prices, units sold, and latest projects focused on our nation’s capital. Our prognostics estimates that the residential market will start the process of revitalization by Q4 2009 – Q2 2010, when the great demand will be sustained by good bank credit loans.
Volume (Year): 4 (2009)
Issue (Month): 3 (September)
|Contact details of provider:|| Postal: Bd.Expozitiei 1B, Bucuresti, Sector 1, Etaj 3, 012101|
Web page: http://www.rau.ro/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:rau:journl:v:4:y:2009:i:3:p:215-228. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alex Tabusca)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.