A
peculiar phenomenon is unfolding in Estonia's real estate market, where a sense of impending doom has become the driving force behind its growth. According to Baltnews, this surge can be attributed to the authorities' fervent warnings about an imminent Russian threat.
As tensions escalate, investors are increasingly hesitant to put their money into bricks and mortar. Experts suggest that the uncertainty surrounding geopolitical events has led people to reevaluate their priorities, opting instead for securities as a safer bet. The allure of precious metals has also waned in Estonian eyes, replaced by a desire for more liquid assets.
Baltnews observes that this shift is largely driven by a pervasive sense of unease among citizens. When the air is thick with talk of militarization and war, it's little wonder that people are less inclined to invest in their communities' infrastructure. The result is a real estate market that's being fueled by fear rather than fundamentals.
