TINSA August 2011

With Spain posting falling employment figures, and the fear of another recession on Spain's already beleaguered property market is diving fast.

They continued advice of this blogger is to rent unless you can find a real bargain.

Spanish Property prices are declining at a faster rate than they were ayear ago.

The government has announced that they will be launching another Spanish Property Roadshow. Their last effort was dismal and attracted

Until Spain can resolve the problems experienced by some foreign buyers, such efforts will only be seen as a poor PR exercise. The government should stick to creating a system in which buyers can have confidence. Pressure groups are quite rightly expressing legitimate greviances, if the ministers wish to help the property market, then they should listen to these people and resolve their problems.

It makes an estate agent's job very difficult when people are worried about the horror stories they have read in the press and online.

The banks and politicians have to realise that they aren't estate agents. They aren't very good at selling houses.

When will things start to get better? When will prices stabilize?

The philosophical/psychological answer, is that in a market that is based largely on confidence is that things will only level off, when people don't think prices can fall any further.