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Tag Archives: real estate
Spanish banks face an impossible dilemma
Bankrun in progress This graph shows one of the very worrying problems banks in the peripheral countries have to cope with. People don’t trust their banks like they used to and take their money out in an ever increasing pace. … Continue reading
Posted in economy, real estate
Tagged balance sheets of banks, bankfunding, bankrun, bankruptcy, mortgages, real estate
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Is there a solution to Spain’s debt crisis?
Recently Spain got back on the radar of investors when an auction of government bonds failed to attract enough attention, forcing the yield up to almost 7%. In light of the yield on German bonds of less than 2%, this … Continue reading
Posted in real estate
Tagged crisis, house prices, insolvent banks, Marbella, overhang of houses, real estate
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Is the Spanish housing market a steal?
According to this article house prices have dropped 6.4% in October, compared with October 2010. The overall price-index, with 1000 as a base for 2005, now stands at 891. That would imply a price drop of only 11%. If you take … Continue reading
Posted in economy, real estate
Tagged construction industry, insolvent banks, location, Marbella, promotors, real estate, Spain, Spanish housing market
3 Comments