bostonbubble.com

[igor s.]

YES much has been built, my city is double or triple what it was 5 years ago.

But we have gone from 220,000 people to 240,000 by the immigration South America, former russia, African and Muslim countries, from 2% to 7% of foreigners.

Today I heard on the radio that there are 11,000 empty apartments, live anyone, nor are for rent. Only for speculation.

Citizen who need home in Vitoria (6500) and the goverment has built 1500 home news of oficial protection for this person this year.150.000 € but they only can sell for 150.000 (no speculation)

In 3 years, a floor of 150,000 has risen to 220,000 € (2004-2008)
The floor of my parents in 1996 of € 200,000 to € 532,000 NOW.

The person who sell houses has told a lady that her floor € 360,000 in the summer if luck would have it sold 230,000.
floor =apartment

I do not want to imagine what will be the coast: Ibiza, Marbella, Seville ,....

Those who believe in the bubble. We believe that there will be lowered from 50% in 3 years and will remain a long time.



In my city have fallen by 10% since your subprimes (July 2007). When will be our subprimes? ¿(July-2008)?

http://images.google.es/imgres?imgurl=http://definanzas.com/wp-content/uploads/2006/11/grafica2.jpg&imgrefurl=http://definanzas.com/2006/11/27/graficos-de-evolucion-del-precio-de-la-vivienda-en-distintos-paises/&h=570&w=465&sz=114&hl=es&start=19&um=1&tbnid=rpQ4A4CvPJ0rpM:&tbnh=134&tbnw=109&prev=/images%3Fq%3Dprecio%2Bde%2Bla%2Bvivienda%26ndsp%3D20%26um%3D1%26hl%3Des%26sa%3DN

We have "minister of house"!

our minister
http://estaticos01.cache.el-mundo.net/elmundo/imagenes/2007/07/06/1183712413_3.jpg

God save google translate.




P.D. I´m not spanish, I´m Basque
http://en.wikipedia.org/wiki/Basque_Country_%28historical_territory%29