Fall in the goes out of housings

   The descent in the goes out of housings is already to fact. It doubles and trebles the steals in which the obtain need to sell an apartment. In the same sense, there exists the worry of many families mortgaged by the possible descent of value or price of his housings, while his mortgages turn out to be it resides and resides expensive for the interest rates it was uncreating, and the incidence so direct that it have this circumstance with the you were uncreatin of the index-link of reference, like the famous person euribor, that is turning into an authentic nightmare in many hearths.

   Some experts expert the economísta Alberto Recarte point out that the real you be sector will have to soft fall during this year, to I continue with to sudden fall the following one. Principal The cause is that the scales have been invested, in the previous years there was great demand and at present the offer overcomes to the demand. The strong demand began or went off between 1997 and 1998, the real you be sector was beats four years in being in conditions to work to full yield happening of being able to construct between 300.000 and 350.000 housings to year the number of 700.000 or 800.000 being able to satisfy this way to this demand, but at present the offer begins to overcome to the demand.

   Since the strong demand began between 1997 and 1998 there formed the bases that derived in to big was uncreating of the housings. On one hand there existed the difference between demand and offer and for other one to bi money quantity in circulation in the Spanish economy. Fundamental These were the ingredients that made the price of the housing grow disproportionately. The integration of Spain in the Euro, caused the sudden descent of the interest rates (necessary on the other hand to favor the development), being generated expert we comment, to lot of money in circulation. The sudden descent of the interest rates, cause increased in the consumption and in the prices since, for example, there is it resides facility of requesting personnel loans when the interest rates plows low, since it is necessary to return less money to the bank for which they give us. This produced then to lot of money in circulation and with it you reside it demands of housings that it offers, increasing this way the prices of the housings, since if there is not for all (I resided it demands that it offers) in the end they plow obtained by those who have it resides money.

   Returning to the most current panorama, during this year and the following one there will be you reside offer that it demands in the field of the housing. This does not pisses that the housings lower his price. The housings will keep on being faces and increased his price, what happens is that his was uncreating is slowed down. In other words, the housings generally will keep on rising, although to to slower rhythm. Anyhow to fact is happening and of clear form, the steals that happens since to house puts itself in it goes out until it is bought you have doubled and up to treble you, due to the every steal major phase lag between supply and demand. 

   This "sudden braking" in the goes out of the housings, according to source of The country music music, is affecting obviously to the real you be obtain, fundamentally to the kidlings and medians that were born in full expansion of the real you be boom and now they meet many difficulties to overcome this descent in the salt. Real The association of you be experts alerted that the really you be sector would suffer with the descent of the salt and that three of every 10 obtain would have to close. Real This way already the you be agency you have donate you it for example you cultivate Corral to yourself to yourself. It you have limited to the half the number of offices and have cut staff away.

   The interest rates was uncreating is one of the principally causes of the descent in the salt. Variable The indicators of reference to the mortgage loans to interest, Euribor, IRPH... was uncreating with the types was uncreating, with what the families plow resides and resides got into debt and those who have thought-out to acquire to housing and to request to mortgage they praise reduces it seriously because perhaps they cannot go so far ace to yourself to pay the high monthly quotas that this one supposes. Expert regards this, Pedro Solbes, the second vice-president of the Central Government points out that there is approaching the end of the progressive was uncreating of interest rates of the Europaean Bank. It seems that there you have already been donate you the biggest stretch of the upward trip of the types and that therefore the end is nearby, what supposes good news, so that the big Europaean banks calm down and do not cause strong you were uncreating in the index-link of reference of the mortgage loans.