Re: boom or bust

#67492

Anonymous
Participant

For some, a Spanish downturn is more anxiously awaited than the Second Coming. Many prophets have been predicting an imminent crash for the past three years and while a downturn is increasingly likely, a crash in prices is less likely.

Many UK buyers are not primarily motivated by the prospects of overnight profits and are more interested in improving their quality of life by obtaining a a retirement or holiday home. For these buyers, the immediate economic outlook is not crucially important and many will continue to buy.