23.07.2009 - Spanish rents fall in worst housing glut since 1950s
From Bloomberg: Arancha Ibarra considers herself one of the lucky victims of Spainís housing collapse. After struggling to find a buyer for her renovated two- bedroom apartment in Madrid for two years, Ibarra found a tenant for 750 euros ($1,066) a month, becoming one of the 1.5 million second-home owners thrust onto the countryís rental market.........Full Article: Source
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