US EditionThe Price of Housing in Moldova Bubbles
Summary by El Pais
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Chisinau, the capital of Moldova, is suffering an unprecedented rise in housing prices. It has never been so expensive to buy a house since this former Soviet republic became independent in 1991. In the first three months of this year, the cost of new apartments increased by 20.6% compared to the previous quarter, reaching the historical record of 1,906 euros per square metre on average. By comparison: the average price was around 1,300 euros at…
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