3 ms·
> If that flood of money comes here to hit the property market, I won't be able to match the demand and I'll lose my lifestyle, and be forced to move somewhere
by badpun 8y ago
> If that flood of money comes here to hit the property market, I won't be able to match the demand and I'll lose my lifestyle, and be forced to move somewhere else, at least to the outskirts of the city. So if my city council comes with a mechanism to prevent that, I'm gonna be on board, you can be sure of that.
You can buy a house now, instead of renting. This way, changes of property values are no longer a concern (unless property taxes are significant in Spain).
- iagovar 8y agoI considered it many times, but I'd be very stretched out on money (I won't save that much compared to my current rent, and I'll have to put a lot of money upfront). Also, there's the problem of getting a mortgage, and prices being expensive for our salaries. Decent flats are +200k here. If the same flats were about ~150k I'd give it a thought, but 200k is too much for this place.