Showing posts with label bubble. Show all posts
Showing posts with label bubble. Show all posts

Sunday, February 5, 2012

ONLY 4.1% OF SPANISH POPULATION IS THINKING ON BUY A HOUSE IN 2012


The 4.1% of the population in Spain said that probably they will buy a house in 2012. This is the result of a survey made by CIS (Spanish Centre of Sociological Research) to make the ICC (Index of Confidence Consumers). This is a very low percentage, but it is higher than last month’s percentage. Servimedia report us that last month’s percentage of Spaniards which were thinking of buying a new house was around the 3.9%.


But all news are not good. 69.9% of Spaniards think that probably their familiar economie’s situation will be the same or worst in the next six months. This is a worrying perspective because when the crisis was hiting very strong during the beginning of 2009 year, the percentage of this question it was not high as nowadays.

ICC (Index of Confidence Consumers) fell 2.7 points in January. The final result was 68.3 points, very low perspective, because a positive perception for the economy is around 100 points. This survey report us that 57.6% of Spaniard people don’t have enough money to finish the month.


Erik Rios Salazar

Monday, October 18, 2010

ANOTHER REAL ESTATE MINI BUBBLE

Something is happening in the real estate market. maybe for the proximity of the 31/12/2010, in this date the buyers with incomes above EUR 24,100 per year will be without tax relief for purchase of flat. But this is not necesary a god news, the next year when finish this demand the price of flat will fall more. That is the problem.
For that reason the banks are doing a lots of offers right now, they are trying to take advantage in this moment. But some people dont know which is the better solution, maybe they can wait for cheaper flat but whitout tax relief or pay now and take advantage whit this discount, This is not an easy decision.
In the real estate sector are afraid that in 2011 the market will be equal like in the car industry after the plan 2000 finished (sales colapse).
In my opinion the Goverment have to do something about that problem to stop the crisis.
When sunrise we´ll see it.

María José González