Property values plummet
The Spanish term for the property boom descending into a crash is called the ‘fall of the brick.’
The forecast for Spanish property prices is a gloomy one. I recently went into the real estate agency and asked them about any cheap properties that we could have a look at and move into? He said have we thought about buying our own villa.
Ho! Hum! Now having read this comment about property in Spain I think the prices are dropping faster than my savings.