Re: Will we look back in time, and say we bought at the bottom in 2014
#31
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Re: Will we look back in time, and say we bought at the bottom in 2014
The thing is that a lot of Brits are rushing out now, so they can secure EU rights before Britain leaves the EU. This means that prices are increasing in these areas but will probably peak in 2018. After that prices will probably fall again and we'll have another boom bust story. Might be good to sell next year and buy in 2020 again.
I do hope you are right.
I'm no expert but I really can see some repercussions after April 29 2019, wether its the Euro dropping through the floor or the Spanish house price recovery (as small as it is) faltering. How will the rest of the world view from a financial aspect one of the major contributors to the European Union finally leaving.
#32
Re: Will we look back in time, and say we bought at the bottom in 2014
Originally Posted by Moses2013
........... Might be good to sell next year and buy in 2020 again.
........... Might be good to sell next year and buy in 2020 again.
#33
Re: Will we look back in time, and say we bought at the bottom in 2014
I do hope you are right.
I'm no expert but I really can see some repercussions after April 29 2019, wether its the Euro dropping through the floor or the Spanish house price recovery (as small as it is) faltering. How will the rest of the world view from a financial aspect one of the major contributors to the European Union finally leaving.
I'm no expert but I really can see some repercussions after April 29 2019, wether its the Euro dropping through the floor or the Spanish house price recovery (as small as it is) faltering. How will the rest of the world view from a financial aspect one of the major contributors to the European Union finally leaving.
It gives a clear indicator that the Spanish market is shifting to a profile similar to UK - many people unable to buy and stuck in rentals.
#34
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Re: Will we look back in time, and say we bought at the bottom in 2014
Please, the Spanish economic recovery, has little to do with Britain. Why is it that when anything positive that happens in the world, Brits assume it must be due to something British?
#35
Re: Will we look back in time, and say we bought at the bottom in 2014
It's the little England mentality
#36
Lost in BE Cyberspace
Joined: Feb 2008
Posts: 5,588
Re: Will we look back in time, and say we bought at the bottom in 2014
To be fair i don't see the uk shifting from home ownership to rental and Spain allegedly following a positive.
#38
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Re: Will we look back in time, and say we bought at the bottom in 2014
#39
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Re: Will we look back in time, and say we bought at the bottom in 2014
However main thing is the last huge property crash does seem to have peaked.
#41
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Location: Mallorca
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Re: Will we look back in time, and say we bought at the bottom in 2014
Although the rapid price increases are expected to taper off and prices rise at a slower rate.
Will UK and London house prices rise in 2018? Here's what the experts think | City A.M.
Or if you were referring to the Spanish property crash in 2008, well, yes, that "peaked" long ago.
#43
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Joined: Nov 2015
Posts: 127
Re: Will we look back in time, and say we bought at the bottom in 2014
Some interesting data here:
https://www.spanishpropertyinsight.c...t-summer-2017/
In some of the areas of Granada province that I have been looking there are still many incomplete new builds and refurbs that have clearly been put on ice . This leads me to believe that supply is still outstripping demand in some areas. The value as far as I have seen is predominantly in the more Spanish areas which suits me down to the ground.
https://www.spanishpropertyinsight.c...t-summer-2017/
In some of the areas of Granada province that I have been looking there are still many incomplete new builds and refurbs that have clearly been put on ice . This leads me to believe that supply is still outstripping demand in some areas. The value as far as I have seen is predominantly in the more Spanish areas which suits me down to the ground.
#44
Re: Will we look back in time, and say we bought at the bottom in 2014
Some interesting data here:
https://www.spanishpropertyinsight.c...t-summer-2017/
In some of the areas of Granada province that I have been looking there are still many incomplete new builds and refurbs that have clearly been put on ice . This leads me to believe that supply is still outstripping demand in some areas. The value as far as I have seen is predominantly in the more Spanish areas which suits me down to the ground.
https://www.spanishpropertyinsight.c...t-summer-2017/
In some of the areas of Granada province that I have been looking there are still many incomplete new builds and refurbs that have clearly been put on ice . This leads me to believe that supply is still outstripping demand in some areas. The value as far as I have seen is predominantly in the more Spanish areas which suits me down to the ground.
One of the worst examples is the by the motorway about 100 kms south of Madrid - huge "town" with hardly any inhabitants.
#45
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Posts: 19,367
Re: Will we look back in time, and say we bought at the bottom in 2014
Property prices are up 20% here this year alone. And there hasn't been hardly any devaluation of the euro... Purchasing power in the eurozone is pretty level, maybe a bit higher.
It's shopping season. And boy, it's a madhouse everywhere. I hate going out to shop at the moment (any day of the week). Hard to find parking, stores are swamped. Long queues... Doesn't seem impoverished to me.
??
It's shopping season. And boy, it's a madhouse everywhere. I hate going out to shop at the moment (any day of the week). Hard to find parking, stores are swamped. Long queues... Doesn't seem impoverished to me.
??
Last edited by amideislas; Dec 20th 2017 at 5:42 pm.