Many British expats desperate to leave Spain

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This topic contains 10 replies, has 6 voices, and was last updated by Profile photo of Chris McCarthy Chris McCarthy 5 years, 3 months ago.

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  • #56329
    Profile photo of Anonymous
    Anonymous
    Participant

    Many British expats are desperate to leave Spain. With Spain’s crumbling economy, 20% unemployment rate and 40% youth unemployment and the collapsing property market with house prices falling by the day with no end in sight and Spain entering a lost decade and with the weak pound against the Euro and rising inflation many expats are struggling to survive and are deciding to call it quits and are desperate to sell up and move back to Britain.

    The big drawback is that the British expats are struggling to find buyers for their homes because there are so many vacant properties in Spain (over 1.5 million vacant properties) and the number of buyers is drying up and house prices have crashed in Spain which means that people desperate to sell will be forced to sell their properties for 100,000 euros below the price they paid for their properties during the height of the boom.

    The British expats are now in a situation where nobody wants to buy their property and are stranded in Spain with little money and no job prospects because of the bad economy and cannot return to Britain because of high property prices in Britain.

  • #105557
    Profile photo of Anonymous
    Anonymous
    Participant

    and !!!!!!!!!!!!!!!!!!

  • #105558
    Profile photo of marios
    marios
    Participant

    Yes are you trying to drive prices down at a faster rate?

  • #105559
    Profile photo of Anonymous
    Anonymous
    Participant

    Marios. I dont think anybody apart from the market can dictate the prices.

  • #105560
    Profile photo of marios
    marios
    Participant

    @shakeel wrote:

    Marios. I dont think anybody apart from the market can dictate the prices.

    Yes tongue in cheek.

  • #105561
    Profile photo of Anonymous
    Anonymous
    Participant

    Sorry Mario.

  • #105563
    Profile photo of katy
    katy
    Spectator

    I reckon this guy i going to turn out to be an estate agent in another country. Jeeezuz, I thought some of us were negatve :mrgreen:

  • #105564
    Profile photo of Anonymous
    Anonymous
    Participant

    Katy. I have a feeling he/she is doing some kind of research. He has covered so many aspects & all in depth & very specific.

  • #105565
    Profile photo of Chopera
    Chopera
    Participant

    @shakeel wrote:

    Katy. I have a feeling he/she is doing some kind of research. He has covered so many aspects & all in depth & very specific.

    I agree but it would have been nice if he/she had done a bit more of an introduction before bombarding us with new topics.

    Also “various anonymous posters on an internet forum” doesn’t make the the most reliable/reputable reference for your research project!

  • #105567
    Profile photo of Chris McCarthy
    Chris McCarthy
    Participant

    @shakeel wrote:

    and !!!!!!!!!!!!!!!!!!

    I second that.

  • #105568
    Profile photo of Chris McCarthy
    Chris McCarthy
    Participant

    @katy wrote:

    I reckon this guy i going to turn out to be an estate agent in another country. Jeeezuz, I thought some of us were negatve :mrgreen:

    95% of you have never been negative, mostly in fact so bloody accurate; it hurts like hell to be slapped in the face again and again with the truth. This poster does seem a bit bizarre but then hasn’t the forum been a bit quiet of late anyway? So, some light entertainment wouldn’t hurt.

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