“At first I thought it was negative when presented years ago, but soon after I realized that Fotis and Maria actually had my back, saying this was a great way to promote real estate to a worldwide audience for Greece. ”

— George Stroumboulis

When a Greek TV Morning Show Bashed me for 6 minutes

At first I thought it was negative when presented years ago, but soon after I realized that Fotis (@serfotis) and Maria (@mariabacodimou) actually had my back, saying this was a great way to promote real estate to a worldwide audience for Greece. And NOT taking advantage of Greeks during the financial crisis.

Great times, lessons learned. For the full 6-minute segment, click here.

The cast of the morning talk show, FM Live on Star TV talked about me and my reality television show.

Greek Real Estate Prices During the 2008 Crash

During the 2008 financial crisis, Greece experienced a significant downturn in its real estate market, which was closely linked to the broader economic challenges faced by the country. The global financial crisis had a profound impact on Greece's economy, leading to a severe recession and high levels of unemployment.

The Greek real estate market was characterized by:

Price Declines: Real estate prices in Greece declined significantly during and after the 2008 financial crisis. Residential and commercial property values dropped as demand decreased and the overall economic uncertainty affected buyer confidence.
Overdevelopment and Oversupply: Prior to the crisis, Greece had experienced a period of rapid real estate development and construction. This led to an oversupply of properties, exacerbating the price decline as demand weakened.
Credit Constraints: Tightened credit conditions due to the financial crisis made it harder for people to obtain mortgages and loans. This further dampened demand for real estate, as potential buyers faced difficulties in securing financing.
Investor Confidence: The loss of investor confidence in Greece's economy contributed to a decline in foreign real estate investment, as international investors became cautious about the country's economic stability.
High Unemployment: The high unemployment rate resulting from the economic crisis also played a role in reducing demand for housing, as many people faced financial instability and uncertainty about their employment status.
Housing Bubble Burst: The drop in real estate prices in Greece could be seen as a correction after a period of significant price increases that had led to concerns of a housing bubble prior to the crisis.

The aftermath of the crisis led to a prolonged period of economic challenges for Greece, with the real estate market being one of the sectors most affected. The government implemented various austerity measures and structural reforms in response to the crisis, which impacted the broader economy and had implications for the real estate market.

It's important to note that while the Greek real estate market did experience significant declines during the 2008 crash, real estate markets can vary greatly within regions and property types. Recovery in the Greek real estate market has been gradual and uneven, and as of my last knowledge update in September 2021, the effects of the crisis were still being felt in certain segments of the market. For the most up-to-date information on Greek real estate prices and market trends, it's advisable to consult local real estate professionals and market reports.

How Credible are morning talk shows in Greece?

Here are some general aspects that can influence the reputation of morning talk shows in Greece:

Content Diversity: The reputation of morning talk shows can be influenced by the diversity of topics they cover. Shows that offer a balanced mix of news, current events, entertainment, lifestyle, and cultural segments may be more favorably received by a broad audience.
Quality of Hosts and Guests: The credibility and appeal of the hosts and guests on these shows play a significant role in shaping their reputation. Well-known and respected hosts can contribute to the show's overall image.
Sensationalism vs. Information: Like in many countries, some morning talk shows in Greece might focus on sensationalist content to attract viewers, while others prioritize providing informative and insightful discussions on relevant topics.
Political and Social Commentary: Depending on the show's editorial direction, morning talk shows might engage in political and social commentary. The way they handle these discussions can impact their reputation, with some being praised for balanced viewpoints and others criticized for bias.
Entertainment Value: The level of entertainment and engagement a morning talk show provides to its audience can greatly influence its reputation. Shows that strike a balance between informative content and engaging segments tend to be more positively received.
Audience Preferences: Different shows cater to different target audiences. Some might focus on a younger demographic with pop culture and lifestyle topics, while others may appeal to a more mature audience interested in news and analysis.
Production Quality: High production values, including set design, visuals, and technical aspects, contribute to a positive reputation for morning talk shows.
Viewer Interaction: The level of viewer engagement, whether through phone-ins, social media interactions, or live audience participation, can enhance the show's reputation by creating a sense of community.
Reliability and Credibility: Morning talk shows that consistently provide accurate information and credible sources tend to have a better reputation among viewers.

It's important to note that opinions about morning talk shows can vary widely among viewers, and what one person considers positive attributes might differ from someone else's perspective.