News Review: Fear of Funds; Calatrava Speaks; Slashed Red Tape

City of Arts and Science, Valencia, designed by Santiago Calatrava

City of Arts and Science, Valencia, designed by Santiago Calatrava

The latest property-related news and headlines for Spain:

Special Report: Why Madrid’s Poor Fear Goldman Sachs and Blackstone
As old contracts expire, dozens of people have received demands for higher rent, been told their rents will increase dramatically, been threatened with eviction or moved out to escape the insecurity. (Reuters)

“There is a Campaign to Discredit Me for Electoral Ends”
Architect Santiago Calatrava responds to criticism of his work, including in his home town of Valencia. (El Pais)

Doing Business in Spain Now Easier: World Bank
Spain has made progress in slashing red tape, at least according to World Bank. (The Local)

Spain August Mortgage Approvals Up 23.8% YoY
In year-on-year terms, August mortgage approvals stood 23.8% higher than they did in 2013, data of the National Institute of Statistics (the INE) showed. (Expansion via Aura)

The World’s Least Affordable Housing Market Is…
Spain makes the list of the top l0 least affordable housing markets, based on an array of economic criteria. (National Mortgage Professional)

Spain’s Surprising Recovery a Magnet to Property Investors
Despite being one of the countries hardest hit by the financial crisis, Spain has made a spectacular turn-around, dazzling financial markets across Europe. (Propertyshowrooms)

Sustained Recovery in Spanish Property Market Looking More Likely
Improved confidence in the economy, a wide spread belief that property prices have finally hit rock bottom and more readily available financing are all helping encourage sales in Spain, according to experts. (Property Wire)



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