My reply to John Redwood today - Spanish property prices.

Martin Cole

Posted April 11, 2012 at 6:40 am | Permalink

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Much of the self-delusion in Spain, as in the USA and Britain, has centred around the fiction of a cushioned fall in property values being achievable by government policy.
I linked a March property price report for Spain last evening from my blog. Your readers may find it on the following link:
http://news.kyero.com/2012/04/10/spanish-house-prices-fall-28-6-since-2007/