Gregorio Hernandez Estate

The current housing market seems a lot to market cars that today seems more a bad dream than a real situation that lived many of the people we meet every day on the street. In many places I have read that the drop of the real estate in bag will not affect real estate, but I think the reality is that more informed investors have already begun to go out with strength of the housing market. If they have started by selling the shares publicly traded is because they are infinitely more liquid than real estate. The illiquidity of the immovables is tremendous and when the fall is of general knowledge can become extremely difficult to sell properties, even lowering them the price. However I think that a lowered the price of real estate siginificativa would be positive for the overall economy and the majority of the population in the long term, although short tensions and imbalances can occur if the fall is too fast.

The hardest hit would be those who have investments in real estate, but would go to benefit the holders of residence, merchants, rehabilitation of buildings, etc. Currently the price of real estate represents a brake on the economy even worse (by corruption, lack of transparency, etc.) or similar to the taxes. The Malaysian operation was assessed the heritage of the most rock in 2,400 million euros (400,000 million pestas). Developers paid that money is, but he actually left, without knowing it, the pocket of all persons who bought flats, local and villas in Marbella during those years. Which is to say that, despite the image of solidity that has real estate investment, a very important part of the price which is paid by real estate is not backed by something tangible and real as the solar or the actual construction, but that is smoke (bribes) that any day may disappear forever.