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	<title>Lateral Thinking &#187; banking crises episodes</title>
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		<title>Spanish Housing Market</title>
		<link>http://www.lateralthinking.biz/spanish-housing-market.html</link>
		<comments>http://www.lateralthinking.biz/spanish-housing-market.html#comments</comments>
		<pubDate>Wed, 21 Jan 2009 15:43:04 +0000</pubDate>
		<dc:creator>mvalls</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[banking crises episodes]]></category>
		<category><![CDATA[housing prices]]></category>
		<category><![CDATA[Spanish market]]></category>

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<p>Do we really believe the information that Spanish Government is giving us about the evolution of Housing prices in Spain.</p>
<p>We would like to share with you the info that Reinhard and Rogoff have published about the price of Real State markets after Financial crises since 1945 :</p>
<p><img class="alignleft size-full wp-image-43" title="imagen-6" src="http://www.lateralthinking.biz/wp-content/uploads/2009/01/imagen-6.png" alt="imagen-6" width="679" height="304" /></p>
<p> </p>
<p> </p>
<p>If the data given by our Government is true ( -2,8% in 2008), how South should the prices go and for how long ???</p>
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