Tinsa Index – December

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    • #55369
      Anonymous
      Participant
    • #95867
      Anonymous
      Participant

      Charlie’s Index – December

      Spain’s unemployment figures creeping towards 20% (only Latvia has worse figures)

      Spanish banks about to offload untold numbers of repossessed properties which will worsen an already-saturated property market

      Property prices set to plunge even lower in 2010

      Faith in being able to buy securely in Spain blown away by recent threats of more demolitions.

      Corruption is still rampant, justice is still a lottery

      Conclusion: Spain is in a mess and will continue to be so for the forseeable future.

      Who needs graphs?

    • #95870
      Anonymous
      Participant

      Only one correction to your index Charlie that I would make.

      justice is still a lottery

      There is no justice in Spain,when it comes to property and peoples rights that are supposed to be protected under it’s own laws.

    • #95871
      Anonymous
      Participant

      I didn’t want to sound too harsh – it would only invite the criticism of being a ‘doom and gloomer’. 😉

    • #95873
      Anonymous
      Participant

      charlie

      you could add that the UK government, the Spanish government and the EU continue to do sod all about it, and apart from a those in yesterdays demo’, so do most people in Spain!!!

    • #95874
      Anonymous
      Participant

      @goodstich44 wrote:

      charlie
      you could add that the UK government, the Spanish government and the EU continue to do sod all about it…..

      Damn it, I knew I was missing something.

      PS By the way brianc_li – no disrespect meant to your OP.
      (I also have to admit I can never make head or tail of what TINSA is ‘saying’).

    • #95875
      Anonymous
      Participant

      @charlie wrote:

      I didn’t want to sound too harsh – it would only invite the criticism of being a ‘doom and gloomer’. 😉

      Does it bovver you? 😆 Anyway, I can’t see or hear of anything (Spanish) that makes me feel otherwise.

    • #95876
      Anonymous
      Participant

      I must admit it is difficult.
      Certainly Spain has given a whole new meaning to terms like:

      Bank Guarantee (which in reality = unless the bank decides it won’t guarantee it afterall)

      and

      all legal licences in place (which in reality = unless the Junta decides to revoke them).

      These types of basic issues really have to be addressed before confidence in buying can be restored. If Bank Guarantees and legal licences mean nothing, I just can’t see it happening anytime soon.

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