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Spain tries to lure buyers back into housing market

Posted on 14 October 2011

Spain has a major housing problem: there is too much of it - 687,000 empty houses, the leftovers from a construction craze that came to an abrupt halt. The government is on a drive to lure buyers back to the market and breathe new life into what was once a major sector of the economy.
But a property roadshow - in the UK this week - has angered some British residents in Spain. They are still fighting to resolve problems caused by rogue developers, or the loss of large deposits on new homes that should have been guaranteed……………………………………….Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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