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A home-price puzzle in Spain

Posted on 26 November 2010

From WSJ: Spain faces a problem as empty homes left over from the housing boom go up for sale: determining just how much the properties are worth. Analysts, property-sales representatives and economists said data coming from the government and even some large appraisal companies understate the drop in real-estate prices.
That is causing confusion and scaring off some investors who could help banks clear their backlog of homes……………………………………….Full Article: Source


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