Reply To: Properties for sale

#96680

Anonymous
Participant

@rt21 wrote:

According to the Typically Spanish website “Reuters announced yesterday (10th February 2010) the Banco de Espana has advised its member banks to devalue those housing assets currently languishing on their books by 20%. This is excellent news for Spain. “

Is 20% enough or should it be more ?

Richard

20% should be a good start…