Housing market in Spain

Browsing through the WEB i found a very interesting article on SmartPlanet, more specifically on Jennifer Riggins’ blog. The economic crisis that took over the world in the past years was extremely damaging to southern European countries, one of them being Spain. Although the biggest country in the Iberian Peninsula is currently under enormous debt and growing unemployment, the housing market is in very good shape.

What interested me the most about Jennifer Riggin’s post was the fact that despite the chaotic environment and financial difficulties that Spain is going through the housing market is still in very good shape. The main reasons for this success are aspects of the country that no financial turmoil can take away. The constantly good weather and the Spanish culture of respect for the elderly has encouraged many people from Asia and northern Europe to choose Spain as a place to live.

Reading this post we can see that opportunities for business can be found everywhere! In Spain, where people lack jobs and the country lacks capital to support any financial involvement, there is still a market for people like Graham Hunt, “[a] real estate agent and owner of one of the very first Spanish property website”.

 

Leave a Reply

Your email address will not be published. Required fields are marked *