Re: Re: Random Price Moves — UP and DOWN


@ozmunky wrote:

Spanish property prices are driven in the main by the health of Western European economies which have just had a once in a genration bubble and will take a decade to regain financial health.
— Munky

Exactly. The the bubble was first in stocks, then in housing,

The big problem is that the young generation does not have jobs so they need to think first about finding food and shelter, not many will be able to aspire owning holiday homes.