Administra tu Blog

¡Crea tu Blog Ya! Fácil y Gratis

Travel in Spain

04/07/2007 GMT 1

Spain: the golden age in real estate is end and it faces coast

travelspain @ 09:21

For the people who live in the big city, the increasing house value is the problem that those care about. So is it in China as well as other European developed countries, such as Spain. The house value in Spain (Spanish property for sale) has been increased 114% in past 20 years. However, overheating real estate market could not hold out somewhat.
In the past 20 years, the house value in Spain has been increased 114%. Spanish economy has been increased for 14 years continuously under the leading of real estate market. But now, the overheating real estate market begins to not hold out. In Spain stock market, the real estate stock falls down for large range, and the five largest real estate stocks lose over 10% on the market. The stock market analyst Felix Martin said: “now, I only say that the golden age of real estate market in Spain has ended and language school.”

Comentarios

No hay Comentarios »

Dejar un Comentario


<a href> <em> <blockquote> <strong> <cite> <code> <ul> <li> <dl> <dt> <dd>

Archivo | ¡Crea tu Blog Ya! Fácil y Gratis