Relevant:
- Here's Everything You Need To Know About The Rapidly Approaching Crisis In Spain Read more: http://www.businessinsider.com/spain-crisis-downgrade-2010-4#property-boom-spain-experienced-a-property-boom-larger-than-the-us-and-uk-1#ixzz0mQZVbIRL
- Spanish Banks Start to Unload Property Portfolios
- Property Developer: The ECB Is The Only Thing Stopping Spain From Becoming The Next Dubai
- Spanish Banks Start to Unload Property Portfolios
- Spanish Housing Mortgages Declined 24% in October
2007-09-09 — telegraph.co.uk
"Many British owners of Spanish homes are now facing major losses with some experts claiming the property market is overvalued by as much as 30 per cent." -- Sounds familiar.
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