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Posted

Romania and Bulgaria have both been scheduled for entry into the EU in 2007/8.

I would imagine that that means land prices there, especially on the Black Sea coast, are only going to go one way (on a longer term view). And at least on EU entry, rules will come in (maybe delayed a few years though as with Poland, etc) to allow unrestricted foreign ownership.

I do wonder what this has to do with Thailand though.

Posted
Romania and Bulgaria have both been scheduled for entry into the EU in 2007/8.

I would imagine that that means land prices there, especially on the Black Sea coast, are only going to go one way (on a longer term view). And at least on EU entry, rules will come in (maybe delayed a few years though as with Poland, etc) to allow unrestricted foreign ownership.

I do wonder what this has to do with Thailand though.

Do you think that the locals know this already and have already jacked prices up beyond reasonable expectatons especially in the prime locations like the Black Sea coast and Pattaya?

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