Reply To: Council of Lorca (Murcia) near bankrupcy


@peterparra wrote:

Lorca is one of the biggests councils of europe (in land proportions) and in the north there is a huge area where some developments where planned. In the direction to Caravaca.

Is that literally translated as Cowface?

@peterparra wrote:

About the wealth of people here, dont get confused asking mortgages with wealth. The medium salary here is about 1000 euros/month and actually the higher salaries are in the property development and self employment in that area.

So the larger area does not have a significant foreign population but they decided to develop in the hope that “build it and they will come”, perhaps?

And recently they have decided that they might not come after all?