Friday, 18 November 2011

Spain's likely new centre-right government is studying steps to jump-start a real estate market that has dragged on the economy ever since a decade-long bubble burst almost five years ago.

 

Spain's likely new centre-right government is studying steps to jump-start a real estate market that has dragged on the economy ever since a decade-long bubble burst almost five years ago. The People's Party, expected to win Sunday's general election by a generous margin, is proposing more tax breaks for home buyers and measures to stimulate the rental market. But experts say a policy on banks' worrying exposure to troubled property assets is also needed.

No comments:

Post a Comment