Re: Re: Can Spain expect a spectacular recovery like Florida?

#117347
DBMarcos99
Participant

I’m normally more optimistic than most (I’ve witnessed a recovery in Spain in the 90s from equally bad unemployment figures and a tourist sector far worst hit).
However I can’t see a “spectacular recovery” in house prices for a while, as the internal demand will take some time to recover.
Not to say there won’t be localised hot spots though. Make a note of where the Norwegians fly to – they are far wealthier than the Brit equivalents, and need to escape dire weather up north…5000 euros a month pension doesn’t sound at all bad!

http://www.lasprovincias.es/20130607/economia/jubilados-alemanes-pension-valencia-201306071956.html