Wed, 19 Mar 08
Investors should consider buying property in
Neil Lewis, founder of Property Secrets, explained: Emerging markets are categorised by three stages of development - a period of rapid price growth, followed by months of stabilisation and then more modest, but sustainable, price rises.
I would however advise investors to avoid Hungary - because of its poor economic performance - and Baltic states such as Latvia and Estonia, as prices in the area have increased far too quickly.
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