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House prices due to fall? |
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| Dan333 | Posted: 17.12.2004, 12:45 | |
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34
registered: Jul. 2004
Posts: 0
Status: offline last visit: 09.11.05 |
I've heard talk of a big drop in Spanish housing prices on the way, of the order of 20 or 30 per cent. Is that likely? | |
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| RickieC | Posted: 17.12.2004, 12:47 | |
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66
registered: Oct. 2004
Posts: 0
Status: offline last visit: 09.11.05 |
They've been saying the same about British house prices for years. If the prices in Britain were to fall, I suppose that might have a knock-on effect in Spain, I don't know. | |
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| Dan333 | Posted: 17.12.2004, 12:49 | |
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34
registered: Jul. 2004
Posts: 0
Status: offline last visit: 09.11.05 |
I think English house prices are levelling out or dropping, depending on the area. I can't see that having an effect on the Spanish market, though, how could it? | |
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| RickieC | Posted: 17.12.2004, 12:51 | |
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66
registered: Oct. 2004
Posts: 0
Status: offline last visit: 09.11.05 |
Think of all those Brits who have taken a second mortgage to buy something in Spain. | |
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| John Ross | Posted: 17.12.2004, 13:02 | |
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registered: Apr. 2004
Posts: 39
Status: offline last visit: 25.08.08 |
Don't see much sign of a price drop from here in Madrid. The only change we have seen recently is a slowdown in price rises for new housing: second-hand property prices rose by something like 18% last year. | |
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