This situation is unthinkable today if we think about cars, but is very similar to buying a floor-plan and resale at the end of its construction. That situation was normal until they disappeared all those restrictions, and thus the price of the car (taking into account inflation) fell a lot. The current housing market is very similar to that used car market which today looks more like a bad dream than a real situation that had many of the people we meet every day in the street.

In many places I’ve read that the fall in the stock market in real estate does not affect the property, but I think the reality is that investors more informed and have started out strong housing market. If you have begun to sell shares quoted on the stock market is because they are infinitely more liquid than real estate. The non-liquidity of real estate is tremendous, and when the fall is common knowledge can be extremely difficult to sell property, even lowereing the price. However I believe that lower prices were significant buildings would be good for the economy generally and for most of the population in the long term, although short tensions and imbalances can occur if the drop is very fast. The most affected would be those that have investments in property, but would benefit the holders of residence, traders, rehabilitation of buildings, etc.. Currently the price of real estate as a constraint for the economy similar or even worse (by corruption, lack of transparency, etc..) Than taxes. In the operation was assessed Malaya’s well known heritage of Rock in February.

400 million euros (400. 000 million plague). That money was paid by developers, but it really came unwittingly from the pocket of all people who bought apartments, and villas in Marbella premises during those years. Which means that despite the image of strength that real estate investment, a major part of the price paid for the buildings is not backed by something tangible and real as the sun or the building itself, but is smoke (bribes) that any day can disappear forever.