The National Institute of Statistics, housing is down 27% this year and is expected to drop further. This means that in the first three months of 2008, has been down rather than its value during the year 2007.
One thing to keep in mind, especially for those young people who are thinking about investing in brick and not mortgaged for 50 years.
It seems that the imnobiliario sector is undergoing the biggest crisis of the past 8 years. For this reason, almost 40% of real estate have been obligladas to close despite the delicious gifts that provide for the purchase of a flat.
One cause of this situcación is none other than the difficulties the city has to pay monthly mortgages. Mortgages have fallen by 23%.
Many citizens have been obliglados to borrow money from lenders they have come to collect a 80% interest the bank. For this reason, we have tripled the number of defaulters.
A more than expected as the International Monetary Fund said that in Spain, the home is still selling overvalued by 20%. This percentage does not accompany the salary, which mainly relate to 1000-1200 euros.
A very different side, the sample those who have benefited from the housing boom. A clear example is Francisco Hernandez, better known as "The Pocero."
Born in the district of Tetouan, lived with his parents and five siblings in a shack that lacked bathroom and kitchen. Thanks to the brick business, today is one of the richest men in Spain.
Test your heritage, your yacht is valued at more than 25 million euros, or private yet.
His ambition has gotten so that conviertió Seseña external, Toledo village of 6000 inhabitants, in the heart of its operations.
began construction of 742 houses, and has gone on to create a bedroom with more than 13500 flats at a price of EUR 250000.
His last flaunt the patent left wanting to buy 110 million euros from Portals Marina Mallorca, but was caught by German billionaire owner Teak Klaus Graf.
paradoxical What is the life! While some are religiously paying their home for a lifetime, others fill their pockets at the expense of the poor overestimating the price of staple items. Do not you remember when they also were ?????
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