Re: Re: What did Spain do wrong?



I’m not financial expert but for me the reasons for the virtual collapse of the Spanish Holiday Home market, or the “boom going horribly wrong” are quite simple; far too many ordinary people thinking that they were going to make their fortunes investing in what appeared to be an easy way to make squillions in a market teeming with predators and criminals of all hues in a country where corruption is still a way of life handled by possibly the worst bureaucratic and legal systems in Europe.