Reply To: Question from down under…. What is realistic?

#90146
Anonymous
Participant

Salinger

re:ps. I’m not sure the duster’s even out of the cupboard yet?

I guess many are in your situation?, if you don’t have to sell now, why would you and lose £40/50/60k? I thought at one stage all prices in Spain would fall through the floor, but now think apart from desperation sales, most will just sit tight and ride the storm. So perhaps the amount of really cheap desireable property will be in short supply, so will keep the prices from bombing? I think the undesireable/half finished/middle of nowhere places probably wont shift at virtually any price, for fear of being worth even less in future due to the huge glut of them.

Probably wrong, who knows for sure?