Re: Re: Boom Bust Property Markets

#115175

logan
Participant

Good article and worth a read. I don’t know who the ‘expert’ is the article quotes for Spain but 3 to 4 years looks optimistic to me given the overall situation in the world. Spain is likely to have zero growth in 2013 and only modest growth thereafter.

I would say minimum 5 -7 and maybe 10 of recovery years before there is significant improvement.