Thursday, February 15, 2007

Construction Speculation

This method started few years ago and nobody knows the end.
This is a faster method to win a lot of money in not much time. But the problem is that this method only benefits rich people and for young people who want buy a new flat it’s almost impossible. For example, in our town in ten years, the house’s prices had been doubled.
This increment is unacceptable for a young couple because the only solution is contract a mortgage that probably will finish forty years later. In think that the government have to redact a new law and protect the housing’s price because in some years I would like buying a new flat but now it’s totally impossible.

1 comment:

joan llimiñana said...

I agree with Joan Escales.
The prices are increassing faster than normal and it seems not to stop. If the government don't do something it won't stop.