Re: Re: Tinsa Index – June



‘I love the smell of Napalm in the morning’ – (OK, who said this and where?)

There is NOTHING pointing to light at the end of the tunnel in the Spanish property market and with all the back-end issues that banks still have to tackle (they are trying too, but if you cannot trust/value sovereign debt, some of their biggest positions), property closures will continue to shrink.

You may have reasons to buy and be in a position to buy, but nerves of steel is a prerequisite!