Without wishing to enter into the political arena, the first 100 days of the new Government in Spain has seen an approximate decline in house prices of 1.56%. Also we have seen changes in the labour laws, a general strike, ups and downs in the Ibex, and the Euribor rate at lower levels.....but the banks still have the mortgage taps tightly closed.
And until we see the banks losen their grip, we will remain stuck. Let's see what the next 100 days hold for us. What do you think?
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