6 hours agoKosovo Real estate market crisis warned
Periskopi(a year ago)
(a year ago)The former head of the Kosovo Economic Ode, Safet Gerjaliu, has raised the alarm for a serious risk that is challenging the local construction sector. According to him, the real estate market in Kosovo is being run by speculative goals and not by the real need for housing, while the lack of a secondary market of assets and migration in [...]
According to him, the real estate market in Kosovo is being driven by speculative goals and not by the real need for housing, while the lack of a secondary market of assets and growing migration are creating deep instability.
At a time when politics remain involved in the crisis, Gerjaliu stresses that silence is unacceptable and the private sector must react. It appeals to financial orientation towards the real economy and productive sectors, warning that delays could have irreparable consequences for the country's economy.
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