Re: Re: Costas – When will this market bottom?



While all the experts are filling the blogs and twittering away like demented parrots, history is quietly running its course. We don’t have to go too far back to find out what’s going to happen next; most of us will have been around in the early nineties (perhaps late 89’) when Spanish and English properties crashed, by roughly the same figures we are witnessing since 2007.

The recovery set in some five to six years later, and that’s what will happen this time, prices will recover starting from next year.

History is more reliable than a crystal ball.