the-sign-jacker Posted January 25, 2009 Share Posted January 25, 2009 (edited) Hi guys. Here is a video of a ghost town in Spain, Soto del Henares. It's unbelievable how many properties have been built in Spain in the last few years, there is a huge oversupply.Some "ghost towns" like this one are starting to appear all over the country... Soto del Henares - Ghost Town amazing first post. loved the music. quite alarming when played over such a backdrop of urban and global financial despair. and now the weather... interio - scortchio. las exterior - scortchio. las costas - scortchio. Edited January 25, 2009 by the-sign-jacker Quote Link to comment Share on other sites More sharing options...
@contradevian Posted January 25, 2009 Share Posted January 25, 2009 Devastating piece of video. Well done. Love the sound track too. Whatever were people thinking of. Oh I know ...kerching! Total market failure (I think!) Quote Link to comment Share on other sites More sharing options...
scott666 Posted January 25, 2009 Share Posted January 25, 2009 i'm seeing potential as a giant set for apocalyptic movie genre "Dawn of the debt" George Romeros latest zombie flick, hordes of disillusioned indebted consumers chase bankers/politicians into an abandoned building site, do they string them up from lamp-posts or can the bankers/politicians transfer their wealth to a foreign country and escape in helicopters. Quote Link to comment Share on other sites More sharing options...
the anti krust Posted January 25, 2009 Share Posted January 25, 2009 800,000 houses per year built during the boom years in Spain, UK could barely manage 200,000. Spain is 2/3 the population of the UK too.Epic fail, they will be bulldozed without a doubt. Shame to bulldoze them, the U.K.s OAPs could be shipped out there for the winters to stop them freezing to death. Save on their fuel bills too. It would be like Dunkirk everytime the clocks went back. lol. Quote Link to comment Share on other sites More sharing options...
50%deposit Posted January 25, 2009 Share Posted January 25, 2009 Hi guys. Here is a video of a ghost town in Spain, Soto del Henares. It's unbelievable how many properties have been built in Spain in the last few years, there is a huge oversupply.Some "ghost towns" like this one are starting to appear all over the country... Soto del Henares - Ghost Town awesome, looks like an uncommisioned austwitz Quote Link to comment Share on other sites More sharing options...
tomandlu Posted January 25, 2009 Share Posted January 25, 2009 From the comments on youtube (rentaghost76): Damned British caused this! UK should pay mass compensation to Spain for these CRIMES Anyone know what that's about? Quote Link to comment Share on other sites More sharing options...
the anti krust Posted January 25, 2009 Share Posted January 25, 2009 (edited) After a quick google - http://translate.google.co.uk/translate?hl...l%3Den%26sa%3DG Residential Soto del Henares, is a major urban action, consisting of 431 dwellings, including single-family: paired townhouses and 3 and 4 bedroom houses and height of 1, 2 and 3 bedrooms with garage and storage. Looks like major anti urban action to me Edit: Found another link, seems they will do anything to get some interest, look what's in preparation under planning and management http://translate.google.co.uk/translate?hl...l%3Den%26sa%3DG Edited January 25, 2009 by the anti krust Quote Link to comment Share on other sites More sharing options...
scott666 Posted January 25, 2009 Share Posted January 25, 2009 From the comments on youtube (rentaghost76):Anyone know what that's about? Yes, that's the signal for ex-pats to get the hell out of there. Quote Link to comment Share on other sites More sharing options...
Frank Hovis Posted January 25, 2009 Share Posted January 25, 2009 Wow. And I thought our planners were bad. Be nice to see this intercut with somebody saying that now is a good time to buy in Spain. Quote Link to comment Share on other sites More sharing options...
twatmangle Posted January 25, 2009 Share Posted January 25, 2009 i'm seeing potential as a giant set for apocalyptic movie genre Or military training. Quote Link to comment Share on other sites More sharing options...
Malditos_Usureros Posted January 25, 2009 Author Share Posted January 25, 2009 Is Spain ahead or behind us time-wise in this crash? I think UK and Spain are about the same time-wise. Peak of the bubble was the end of 2006. But there's a difference, prices in the UK are dropping faster, which will also mean that the bottom will be reached quicker and the economy could start recovering sooner. Sellers in Spain think "I won't sell the house at a reduced price, I'll wait until the crisis is over". They don't realise that the more they wait, the more money they'll lose. Another difference is the media. Here in the UK the media accepts house prices will go lower, I've even seen estimations of a 50% drop from peak. In Spain, most newspapers can't accept reality yet. Maybe a reason is that one of their main sources of income is real estate advertising.. In numbers, bubble is much bigger, Spain built more homes in the last years than Germany, France and the UK together (which combined have 5 times their population). Check this link: (Alemania=Germany, Francia=France, Reino Unido = UK, Espana=Spain, Polonia=Poland) Number of houses built per country You can click on the different years to see the number of houses built that year. Quote Link to comment Share on other sites More sharing options...
the-sign-jacker Posted January 25, 2009 Share Posted January 25, 2009 (edited) adagio for strings would have been better. http://uk.youtube.com/watch?v=1dPDO3Tfab0 Edited January 25, 2009 by the-sign-jacker Quote Link to comment Share on other sites More sharing options...
JoeDavola Posted January 25, 2009 Share Posted January 25, 2009 i'm seeing potential as a giant set for apocalyptic movie genre You took the words right out of my mouth. I had no idea these ghost towns were so vast - I really am shocked. One tower block after another of slave boxes for 'canny investors', most of whom probably bought the flat without ever having visited the area. Quote Link to comment Share on other sites More sharing options...
Frank Hovis Posted January 25, 2009 Share Posted January 25, 2009 Or tail-end it with that Spanish bloke going: "Polaris World, there's never been a better time to buy" Quote Link to comment Share on other sites More sharing options...
Shrink Proof Posted January 25, 2009 Share Posted January 25, 2009 Amazing & majorly creepy, especially the size of it all. Although the Biggest Construction White Elephant Award for A Single Building must go to North Korea's Ryugyong Hotel. If you haven't heard of it, read the background by clicking on (more info), top right. Quote Link to comment Share on other sites More sharing options...
deflation Posted January 25, 2009 Share Posted January 25, 2009 (edited) Shame to bulldoze them, the U.K.s OAPs could be shipped out there for the winters to stop them freezing to death.Save on their fuel bills too. It would be like Dunkirk everytime the clocks went back. lol. That 'town' is near Madrid. Its barely warmer than the UK in the winter and they have some VERY cold nights. Madrid airport closed due to snow 2 weeks ago (Average temp in Madrid in Dec and Jan is 5C). Better off on the Isle of Wight or the Channel Islands in the winter. In July and Aug, its 38C plus, unbearable, which is why Spaniards with a few quid go to the coast in the summer, those that can still afford it of course! Edited January 25, 2009 by deflation Quote Link to comment Share on other sites More sharing options...
50%deposit Posted January 25, 2009 Share Posted January 25, 2009 Or tail-end it with that Spanish bloke going:"Polaris World, there's never been a better time to buy" i had a polAris brochure, they kept calling me, i said, no, i just brought a slum in florida for 8k seemedf convinced listen to the freight trains go by ay at 3am woot woot awesome Quote Link to comment Share on other sites More sharing options...
ScaredEitherWay Posted January 25, 2009 Share Posted January 25, 2009 I googled the "ghost town" from the first posting ...and found this, but what are they saying? 1] Look, a ghost town, must do something about this. 2] Squtatters, kids and rioters everywhere 3] A big storm came and wrecked it Having never heard Spanish before I guessed it might be one of those three from the footage SOTO DEL HENARES http://uk.youtube.com/watch?v=qRCHoU5zx4U Quote Link to comment Share on other sites More sharing options...
DoctorJ Posted January 25, 2009 Share Posted January 25, 2009 Pah! I was looking to spain in hope that the property market would take as big a hit here in the UK. From the looks of this we might get off lightly Quote Link to comment Share on other sites More sharing options...
Saving For a Space Ship Posted January 25, 2009 Share Posted January 25, 2009 adagio for strings would have been better.http://uk.youtube.com/watch?v=1dPDO3Tfab0 Perhaps 'Vide Cor Meum' Katherine Jenkins version http://uk.youtube.com/watch?v=267LBdz-ywc Original from the movie http://uk.youtube.com/watch?v=ZKVOLND7ZEM Quote Link to comment Share on other sites More sharing options...
slurms mackenzie Posted January 25, 2009 Share Posted January 25, 2009 Yeah, epic is a good word. For some reason it reminds me of full metal jacket. Scary...... I can't disassociate it from Requiem for a dream, a film that makes me feel physically sick (worth watching tho) If anybody wants to know the music it's Lux Aeterna by clint mansell (fomer Pop Will Eat Itself dude) Quote Link to comment Share on other sites More sharing options...
Popette Posted January 25, 2009 Share Posted January 25, 2009 Whoooooa Brutal, me parece brutal. I am also Spanish and have been living in the UK for more than 10 years and I knew it was bad..but not THIS bad. Estoy acojonada. (Translation: I am starting to get a little bit concerned) Quote Link to comment Share on other sites More sharing options...
boynamedsue Posted January 25, 2009 Share Posted January 25, 2009 Hi guys. Here is a video of a ghost town in Spain, Soto del Henares. It's unbelievable how many properties have been built in Spain in the last few years, there is a huge oversupply.Some "ghost towns" like this one are starting to appear all over the country... Soto del Henares - Ghost Town Pucha che... The Spanish had an even bigger capacity for self-delusion than we had on the run up to the crash. I lived in Barcelona from 2004-2007, and the locals were desperate to buy flats at whatever cost, thousands of "savings account" flats were built that nobody has ever lived in, and probably never will. Meanwhile immigrants were forced to live 10 to a 40m2 flat. Quote Link to comment Share on other sites More sharing options...
Converted Lurker Posted January 25, 2009 Share Posted January 25, 2009 bump, when watching it last night, saw it was 4 minutes long and was waiting for the commentary to kick in after 2 minutes, it never came, had no idea the 'tour of duty' would go on for that long.. Are we sure all the expats weren't invited there and then a huge nuetron bomb let off? Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted January 25, 2009 Share Posted January 25, 2009 At first i thought the film was just looped over and over as every building looks the same, but they seem to have different graffiti, a truly huge expanse of buildings. Quote Link to comment Share on other sites More sharing options...
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