Mon, Apr 21, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Finance more

How to fix Spain’s real estate problem

Posted on 22 November 2011

Spain is suffering from a real estate hangover. One of the biggest problems facing Spanish banks is what to do with the real estate loans and foreclosed properties left over from the construction boom and bust. Now the opposition People’s party, which is expected to decisively win elections on Nov. 20, is said to be mulling the creation of a state-backed bad bank.
Such an approach has been tried in Ireland with mixed success. It would be a high-risk strategy for Spain………………………………………..Full Article: Source


 Article link

This post was written by:

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


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
282930