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hypna

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About hypna

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  1. http://voxeu.org/index.php?q=node/2672 The Spanish trade-off: Bricks vs. brains "Overall, the prognosis is still rather bad. An economy with weak productivity that is overly reliant on cheap credit and a “dead” housing sector must adjust to a completely different situation, even if its highly regulated labour market and still-too-powerful unions make the adjustment hard. With estimates placing between 1 and 1.5 million of unsold new dwellings by the end of 2008 and banks demanding building companies 20% of the loan upfront and annual mortgage instalments that do not exceed 30% of household i
  2. Found this web recently: -------- http://www.spanishpropertyscandalpetition.co.uk SPANISH PROPERTY SCANDAL PETITION NO LFO/HABITATION LICENCE? NO BANK GUARANTEE? NO BUILD? DEVELOPER DOUBLE-SELLING YOUR PROPERTY? LAWYER WORKING FOR DEVELOPER'S INTEREST? COURT APPEALS? PREVIOUS LAWYER HOLDING ON TO YOUR MONEY? NO JUSTICE? THINKING OF BUYING A PROPERTY IN SPAIN? THEN THIS WEBSITE IS FOR YOU!
  3. Another report from Spain's leading property website (www.fotocasa.es) made with +500000 entries: http://www.fotocasa.es/indice-inmobiliario__fotocasa.aspx Spain, 3rd quarter 2007: -1.6% down (first time "negative increment" in many years) Very complete report (in spanish, sorry) 43 pages full of charts and data: http://www.fotocasa.es/Portals/49/Static/T...imestre2007.pdf
  4. Housing prices fell on 3rd quarter 2007 in most cities. (Madrid -0.9%, Barcelona -0.5%) Anual -3.5% counting inflation. (in spanish, sorry) http://www.eleconomista.es More links to press talking about this: http://news.google.es/?ncl=1156459177&hl=es&topic=b
  5. Prices in Madrid down -1.41% on average, 2nd quarter 2007. (sorry, the link is in spanish) "elmundo" e-newspaper More or less it says the price of real state in Madrid and nearby areas went down an average of -1.41% in the 2nd quarter of 2007, according to a housing consulting company called "Salvago"
  6. According to a report from idealista.com (one of the biggest real state websites in Spain), the trend is changed: from up to down. Spanish prices April to June 2007 resale housing price fell 1.3% in Barcelona city, with price falls in 15 of the 21 municipalities analyzed. it rose just 0.1% in Madrid city, but fell in 19 of the 32 municipalities analyzed.
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