Trade unions are sitting on the beloved hobby, blackmailed the government and scare the townsfolk, predicting a further rise in unemployment, which they predicted could reach 15% during 2009. Against this background, could not resist and prices for real estate. The fact that a long time denied the realtors, who are already accustomed to the constant growth of the market, has been confirmed in the report of the Bank of Spain, confirmed the fall in prices during the first three quarters of 2008 to 4.27% taking into account inflationary changes. Thus, the average price per square meter in Madrid, according to the Bank of Spain, amounted to 2,895.
But even these figures were immediately refuted by the Housing Minister Beatriz Corredor Lady. She said in an interview with Spanish television, that the data available at its disposal for a period of 12-14 months past the actual incidence reached 15%, in what could make anyone who wants to buy some real estate. As said Beatrice, it became a reality that can no longer be denied. Forgive, but Do not Go Away If we consider the price of real estate as just one of a number of other economic indicators, the rest of anxiety, for the most part, no objections. Spain, as was, and remains economically powerful state with almost .5 trillion of gdp, according to the World Bank is the fifth rate in Europe and the eighth – in the world. gdp growth at a turning point, 2007 was 3.8% – the best figure in the European Union.