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Housing Affordability Still A Problem For Local Buyers

Posted by: In: Real Estate 27 Apr 2015 Comments: 0 Tags: , , , , , , , , , , ,

Spanish families still need 7.8 years of gross household income to afford to be owner-occupiers, according to the Sociedad de Tasación (ST) valuation company. The figure is a long way from the four years recommended by experts as an indicator of reasonable housing affordability.

Source:: Spanish Property Insight


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