The stock market bloodbath and the prices for historic houses

The international stock markets are wobbly, and some analysts are even predicting a new economic crisis akin to the one that shook the world a decade ago. How this volatility and eventual crisis will affect the prices for historic real estate in a country like Romania? This video discusses the specialist market segment for historic houses from a comparative perspective, making references to the past crisis.

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My aim, through this series of blog articles, is to inspire appreciation of the historic houses of Romania and Southeast Europe, a virtually undiscovered, but fascinating chapter of world’s architectural history and heritage.

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If you have a historic house project in Romania or other country in Southeast Europe, I would be delighted to advise you in aspects pertaining to its architectural history and ways to preserve as much as possible from its period fabric and aesthetics in the course of restoration or renovation works, or to counsel you with specialist consultancy work related to that project. To discuss your particular plan please see my contact details in the Contact page of this website.

“Historic Houses of Romania” interview on Radio Romania, tomorrow at 21.06 (GMT+3)

Dear readers,

I would like invite you tomorrow, Saturday 25 September ’10 at 21.06 h (GMT+3, ie London summer hour + 2h), to listen to an interview which I gave at the invitation of Mrs Denise Theodoru, senior editor at Radio Romania Actualitati, the national radio broadcasting station in this country, within the programme entitled “Famous Signatures, which can be listened obline at the link just mentioned or for those of you based in Romania on the radio frequency 105,3 FM. The interview is in the Romanian language and takes about one hour. The recording was conducted walking up and down leafy streets in a corner of Bucharest that still preserves its picturesque inter-war mix of Art Deco and Neo-Romanian architectural styles and urban ambient. I expounded there actual issues facing the historic houses of Bucharest and Romania and made considerations about the local market for period properties of which I am the only specialist consultant in this country. I also spoke about my professional training as a historian at the London School of Economics and activity in the United Kingdom in fields related to the study and market of historic houses.

With best regards,

Valentin Mandache, author of the “Historic Houses of Romania” blog

The webpage from Radio Romania Actualitati announcing the interview