Reply To: Stuck in Spain unable to sell up and go home?

#91565

Anonymous
Participant

peterhun

I’ve always shared your opinion on this, but if the developers and private sellers alike, are mortgaged up to the hilt, and already in negative equity, then I guess they will feel they have hold on, in desperate hope of price increases?. I can’t see it happening, but if it doesn’t, then something will have to give?, and huge losses will be suffered in order to get back to affordable prices, or prices people are prepared to risk, bearing in mind possible further collapse?