How has the recent economic crisis affected the country?
Hungary is coming out of the crisis, the GDP is rising, the Hungarian forint (HUF) has been stabilized and strengthened. Property prices have begun to rise in the spring of 2010.
Since prices did not run away in 2007-2008, there was no bubble to speak of on the property market. Construction projects have stopped, except for a few exceptions; there has been a lot of downsizing and restructuring in the industry.
