Re: Re: Tonight: Bargains in the Sun

#118480
GarySFBCN
Participant

@calpespain wrote:

You can buy a property now and in the process get ripped off because property in Spain is still overvalued or alternatively you can wait three years by which time house prices will have fallen anywhere between 50-75% from the values they are today.

In the history of the real estate industry, NOBODY has successfully predicted the market’s bottom – the supposed ‘best time’ to buy.

But I lack real estate industry expertise to know that the only people buying in Spain are retired drug dealers, wanting to ‘clean’ their cash, and only having 3 years left to live. Seems like a very narrow client base to me.