Kathy Salazar

Florida Real Estate

Spain Car

In Spain left over soil everywhere, what is lacking is soil that is allowed (in exchange for corresponding bribery) to build. It is estimated that currently the soil represents about half of the price of the floor, by what the true liberalization of the soil would entail a radical change in the valuation of real estate on what is known so far. Bribery promoter of the building or urbanization is paid in the first instance, but that in the end pays really (unintentionally and unknowingly) is the buyer of the floor. To this it must join the fact that normally permits are given according to the pace of sales of finished floors, so there is no real competition between promoters and thus avoid the fall of prices of apartments (and bribes). A few decades ago was very difficult to buy a car in Spain for various reasons (SEAT was a State enterprise with a very inefficient production that did not give rude to demand, to import a car from abroad had to apply for a permit which took much time in granted, etc.).

As a result the price of cars (taking inflation into account) it was far superior to the current, there were people who renounced have car by bureaucratic problems, possibilities of choice were ridiculous compared to the current ones, etc. There were even people who requested the purchase of a car and when, last time, approached the date that were going to grant the requested car resold that right at a higher price to another person who was in hurry to get a car and getting a (legitimate, of course) benefit to change. This situation is unthinkable today if we think of cars, but is very similar to buy a flat on plane and resell it to finish the construction of the same. That situation was normal until all those restrictions disappeared, and with it the price of cars (taking into account inflation) dropped a lot.

Thu, August 22 2013 » News