From Forbes:
"Spain is thought to have more unsold housing stock than the United States has – with a population one tenth of the size - in a country where unemployment is now over 24% and household debt is around 125% of household income. Spanish banks hold the majority of that fragile mortgage debt."
"Spain is thought to have more unsold housing stock than the United States has – with a population one tenth of the size - in a country where unemployment is now over 24% and household debt is around 125% of household income. Spanish banks hold the majority of that fragile mortgage debt."
No comments:
Post a Comment