The net wealth of the Romanians, at historical maximums. Three quarters is represented by housing and only a quarter by bank money. NBR: This situation is due to legislation that encourages home ownership rather than investment – Finance – Banks
The net wealth of Romanians was at the end of 2020 at an all-time high, increasing by 6.1% compared to the previous year, shows the Report on Financial Stability published on Thursday by the NBR. Three quarters of the wealth consists of houses and apartments (real estate assets) and only a quarter of the wealth … Read more