Wednesday, August 31, 2011
The shape of things to come – In Britain?
Spain's economic crisis has pushed record numbers to default on their mortgages and repossessions are at an all time high. Some claim that 180 families are now being evicted from their homes each day. Yet at the same time the country is full of brand new, empty properties. When the real estate bubble burst, it left behind a country full of empty lots, half built homes and unnamed streets. On the outskirts of big cities, it is common to find large apartment blocks inhabited by just a handful of families.