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By overtaxing construction companies, Hungary is amplifying the real estate bubble in Eastern Europe

The Hungarian government has announced the profit overtaxing of large manufacturers of construction materials to combat rising domestic prices. The aim of the measure seems to be to supplement budget revenues, but unfortunately it will lead to a reduction in the internal market and an increase in prices in neighboring countries. Under these conditions, prices in real estate markets in Eastern Europe will reach new highs.Citește în continuareBy overtaxing construction companies, Hungary is amplifying the real estate bubble in Eastern Europe