Hong Kong of Eastern Europe..

..is Estonia, according to an article in today's 7Days, a local newspaper. In today's real estate section you can find an article about Estonia and its property market.

Among other things it mentions that the real estate prices are low over there. During the last year I've been hearing my friends telling me how expensive it has become and how the market is booming. Well, I guess its what you compare it to.

Direct link: http://www.7days.ae/2006/10/31/the-est-is-the-best.html