Real Estate Stories-Real estate News A country of bubbles and crises
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In a country in which we move mass to one side or another, in which rumors are taken as true and official data are considered unreliable, it is normal to have exaggerated trends in the economy, above or below the European average.
An obvious example is reproduced in the Spanish real estate sector in the last decade, from an unstoppable momentum to a buyer waiting indefinitely to acquire a property.
And the fact is that we have what we deserve, what we complain that it is expensive and inaccessible housing, and cast the blame on the Government, Autonomies, municipalities, developers, builders and real estate companies, but the fact is that the bubble we have been hinchando among all:
- Individual investors who sought refuge in a brick for their surplus, buying a second home in the same city, in nearby towns or in tourist areas.
Because I too, am not going to be less, not be it sells for 8 million more, and I remember every time they agree on the lift.
Some of those second homes (or third or fourth) has been earmarked to hire as opposed to help pay the mortgage, while awaiting a good time to sell, and many others have only accumulated dust, which is why Spain is the country of Europe with more houses empty.
Whoever has a good economic situation, not in a hurry to sell, but who has been drowned financially, has not left little choice but to lower the selling price,
Speculators (I speak of individuals, not legal) who buy and sell houses to the highest bidder, either in Spain or abroad, doubling the price to buyers avispados little.
Mention those who rent apartments or entire buildings immigrants, importándoles very little overcrowded conditions of their tenants, while paying religiously (Christians, Muslims or Protestants) income.
If in recent months have run the voice that the bubble has exploited and that housing prices are already falling and will further lower, the latest news agency public have only increased the fear of those who need to buy home, further delaying its decision, and taking refuge in rent (rent aid have made incremenentar demand and prices) or at the home of the parents. for more information visit Real Estate Industry News
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