Spain Real Estate News

Mike B said:
Sunday, February 12, 2012 @ 12:25 AM

This does not surprise me, the Spanish in their stupid greed have been cutting off the nose to spite the face too long. It was only a matter of time that it was clear that their actions where as much of a problem with people not buying property here than just a recession, I don't mean to appear disrespectful to anyone but how stupid do people need to be! People have been telling the Spanish since the recession started to bite that the property problem needed to be sorted and yet no one listens, the government shake their heads and actually admin they don't know what to do! sorting this problem out would be a hell of a good start. The property market is not something that will recover in 2 years after the issue is resolved, it won't miraculously jump upwards no matter how many politicians and estate agents write in the papers about how the property market is moving again! at the moment I would guess this will take 10 to 15 years for people to start to regain confidence again if the problem was sorted out today.... but there is not much sign of that happening today nor much chance of it happening in the near future is there, who would want to spend their retirement in a country that has done nothing but show how it selfishly and uncompassionately destroys people lives at a time when they should be enjoying their last years, a behavior that would be expected in a third world country or somewhere like Russia and yet this is a member of the EU. I am convinced one of the problems in Spain is that they actually believe they are so superior that everyone else is the problem and not them or their actions. The whole system is pushed forward on greed and as long as the greedy get money they don't give a toss as to what happens to anyone else, including their own people. Basically the lunatics are running the asylum and that is another reason to get out while you can, if you can... because the only way this country is going is down.