Real Estate: BCR Housing Bank: Romania has oldest housing stock in EU

Romania probably has the oldest housing stock in EU. A household out of five needs consolidation against earthquakes and between 12% and 16% of urban household need major repairs for installations, according to an IRSOP opinion poll presented on Monday by Lucian Anghel, the president of BCR Housing Bank. The Romanians’ houses are constantly affected by passing years and maintenance costs. We probably have the oldest housing stock in EU. According ...

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