Home » News » Expensive properties? A big warning from brokers – 2024-09-12 10:25:03

Expensive properties? A big warning from brokers – 2024-09-12 10:25:03

Brokers made a hot analysis of the real estate market and its forecasts.

Did you buy property in Bulgaria? All potential buyers and sellers, as well as tenants, are asked to do so. And there is no clear answer to this question.

Yes – the properties can determine the price, from the point of view of its accessibility – made up of the total income of the population. Fully evaluated – we look at the current income of the property from the time it is rented out (the price of the current offer is offered and rented out). It’s a whole investment.

The fact that the properties are still unaffordable does not mean that they cannot become more expensive, even on the contrary! Usually, in every last phase of a balloon’s ascent, there is a final phase of euphoria. And then the asset becomes even stronger, ugly and devoid of any economic logic!

What’s more, you will have a whole investment (to protect your savings from the low interest rates on deposits, which are about to get even lower in the future). reduction of interest rates from the ECB, think good! Because it is one thing to live in the property, which will increase your standard of living, and another is to live in the property as an investment, which is an alternative to protection. on your holiday savings!

The key mistake of real estate investors is to exaggerate the investment of real estate in the future. One example – the company fully accepts that as soon as the property has repaid 50% in the last five years, for example, i.e. five, let’s say 10 years (from that time) they bought a new 50% and this will protect them from inflation … Yes, but no! Or at least – they won’t buy, because they have bought until now, but for various reasons, related to the arrival of rents, the level of inflation, the rate of GDP, the rate of personal income, etc.

Keep in mind that for the last ten years we have not seen any viewers. Or at least not like that, what happens every 10-15 years and what we saw in 2000, and then in 2008. And the stickiness of the pizza, for a similar extended period of time (because the economy is cyclical and pizzas that close in 15 years) means that it is approaching the price of the next pizza and that it is much more likely in the next 10 years to see the pizza , except that we don’t see.

The same mistake is made by the editors regarding the flow rates. Liquids have been nicks for the past ten years – so they will continue to be nicks for the next ten years as well! Ask someone who has owned the property for the past 20 years for the details!

There will be the impact of low interest rates on real estate, economic activity and inflation and the erosion of protection against rising prices The site of the nick liqs – the citation of the non-citizen, the price, increased unemployment and the non-citizen for the doxodes before the birth . In the latter case, no liqs will have a matching function for real estate searches anymore.

The bottom line is that whether your property is expensive or not, affordable or unaffordable, depends to a large degree on what you’re looking for and what you’re buying The personal citation is a potential cheat. Regarding the forecasts for flows and prices, both buyers and suppliers must be very careful and use forecasts of large leading institutions.

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