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25 Apr 2007 12:46 PM:

Spanish property bubble blows up!. Yesterday, real state (up to 60%) and several banks crash. Stock market deeper losses in 20 years.  Is to expected a  long recession period.

Must see: http://www.invertia.com/mercados/default.asp (in Spanish) sponsored by BBVA, one of the biggest spanish bank

or also Forbes:

http://www.forbes.com/markets/feeds/afx/2007/04/25/afx3649287.html

or Financial Times:

http://www.ft.com/cms/s/32cd35d0-f68b-11da-b09f-0000779e2340.html

 Is the time to think about another country?   Tthe notice appears in most of US papers, but not UK. I do not advise investment on properties in Spain, but perhaps is the moment to buy thinking on retirement in Spain


Thread: Consider this before buying in Spain

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