it's a good time to buy in Spain...
Quick, get your check-book to make a down-payment on that cute Mediterranean Spanish villa you always wanted!
http://www.businessweek.com/globalbiz/content/mar2008/gb20080327_298183.htm?chan=patrick.net
But I thought Spain was "special"? And isn't this whole housing bubble thing just an "American" problem?
"But buyers, not sellers, are fixing the price, forcing owners to negotiate. This has never happened in Spain before. It means we can expect substantial discounts in coming months. It could soon be a good time to buy."
http://www.businessweek.com/globalbiz/content/mar2008/gb20080327_298183.htm?chan=patrick.net
But I thought Spain was "special"? And isn't this whole housing bubble thing just an "American" problem?

Comments
Harrumph! And deal with penguins every day on your commute to the office? I'll take Spain thank you very much.