The speculative bubble that grew in the Spanish real estate market until 2007 has plunged the industry into a profound crisis that it might not be able to get out of. Excess credit, speculation or revaluation of lands were some reasons for the sharp increase in cost of living.
Here we offer the 5 best books about the real estate bubble. They offer views on the causes and consequences of this phenomenon from some of the industry?s experts.
The Spanish Real Estate Bubble (La burbuja inmobiliaria española in Spanish)
Everything seems to indicate that housing, which has stimulated economic growth and employment for a long time, will have an opposite effect in years to come. Author Juan Luis Campos Echevarría analyzes the situation in detail. Real estate prices. Housing supply and demand. Mortgage loans and the cost of living. How the bubble formed. Breaking points. The effect of a burst on the overall economy and its players.
Goodbye, construction: keys for getting past the real estate bubble (Adiós, ladrillo, adiós: claves para superar el crash inmobiliario)
Through diversions and surprising anecdotes from author José Luis Ruiz Bartolomé, Goodbye Thief (Adiós, ladrillo, adiós: claves para superar el crash inmobiliario in Spanish) unveils the inner workings of the real estate industry and offers keys to doing business with construction companies. Essential for those who have invested in their own real estate or intend to do so and for those who just want to know how the boom year gave rise to the worst financial crisis of the past few decades.
How to invest successfully in the real estate market (Cómo invertir con éxito en el mercado inmobiliario in Spanish)
Since the recession started affecting the cost of living in 2007, a large number of investors have lost their instinct and a significant number of industry drivers have shown that they aren?t gurus or firm strategists. In this new economy, we believe that this book by Gonzalo Bernardos Domínguez is essential. It attempts to teach how to invest successfully in a Spanish recession market by helping readers distinguish between active foreign investors and cons.
Strategies in the world property market: where and when to buy, what to build, how to sell. (Estrategias en el mundo inmobiliario: dónde y cuándo comprar, qué construir, cómo vender...incluso en época de crisis in Spanish)
Real estate is a dying industry, some agents are barely getting by and the Spanish economy is feeling the effects. Enrique Bueno?s book describes in a grand and pleasant style the strategic plans and operations of the real estate sector and incites the reader to think about how to create continuous growth in the sector. There aren?t real estate bubbles, but sectors that reinvent themselves each day.
The truth about the Spanish real estate market: tips for buying and renting cheap 2010-2015 (La verdad sobre el mercado inmobiliario español: claves par comprar y alguilar barato 2010- 2015)
Real estate expert Borja Mateo explains key insights for succeeding in the Spanish real estate market. Find out why prices of residences have dropped more than 30% since mid-2006 and rents more than 35%. Understand the Spanish financial system and how it affects the real estate market and financial institutions and what caused the crash.
