Reply To: Spanish property market 2007/2008 report discussion



Wasn’t it these multi-purchase investors who caused a lot of Spain’s problems in the first place, giving a false sense of demand, especially re. off-plans?

Many off-plan developments are where they are today (half empty or worse) because of the false bubble this type of investor created. People not interested in Spain as a country, just as a place to plonk their money until a better opportunity comes along.

“Pulling out of Dubai”….oh well, good while it lasted I suppose. How many people will be left to rattle around in those huge skyscrapers?