The president of the Spanish banking association, Miguel Martin, said recently that banks will start lending again when “the fear of a property price collapse”._.
The credit crunch and lack of mortgage financing is still the single biggest problem for the Spanish property market, argues Marifé Esteso, President of the._.
An article in the Spanish daily El Pais reveals that the Spanish banking sector needs to raise 62 billion Euros before the end of the._.
Most people now accept that Spain is going into a serious property market downturn, even if the ministry of housing’s statistics are still suspiciously hunky-dory.._.
Sent in by email: I read your report on the Spanish property market and found it very lucid and full of wisdom. I bought my._.
The credit crunch is going to take its toll on the Spanish property business. One high profile developer, Llanera (till recently sponsors of Charlton Athletic)._.