Thursday, February 19, 2015

Good long-form article on deflation in Spain

I wanted to pass on a good long-form article about deflation in Spain:

Fistful of Euros - Spain's "good" deflation.

1 comment:

  1. Cheers for the link, good article. There was a sense that things are at the bottom overt there and some places like Barcelona are slowly turning the corner.

    There is still a disconnect as to what people are asking for properties and what they are actually worth (Stickyness in the price). Lots of people got fucked for sure especially Brits that went over and bought a Finca or old Casa. Plenty of them everywhere and they are all trying to rent them out or cash flow the properties.

    One thing that holds Spain back is the red tape and navigating the bureaucratic system.