Spanish Property Insight › Forums › Spanish Property Forums › Property Questions & Answers › What’s The Best Advice If This Happens? › Re: Re: What’s The Best Advice If This Happens?
December 29, 2012 at 12:55 pm
#114262
‘IMO we are at or near the bottom of the crash’ says Richard.
To summarise the article written by one of Spain’s leading economic consultancies:
800,000 houses still on the market
Developers are sitting on a further 700,000 completed units
250,000 homes are currently being built
300,000 homes have been foreclosed
I don’t think so Richard 😮
The article was not about weather, but that said, Spain has had awful floods and fires this year, Australia experiences 3rd wettest year on record etc etc! 😉