http://www.houses-for-sale-in-spain.net/houses-for-sale-in-spain/the-new-kind... This is what we offer for next year and next year is just a few hours away 
Saturday, December 31, 2011
Friday, December 30, 2011
On Being A Mobile Content Creator | Blokes on the Blog
"I am a prime target for mugging. I carry a lot of stuff around and it is all because I am a mobile content creator. So today I thought I would tell you what I carry about to make me into a mobile content creator and how this is used in my business." http://www.blokesontheblog.co.uk/on-being-a-mobile-content-creator/ 
Tuesday, December 27, 2011
Why Spain doesn't fit the narrative of a spendthrift Mediterranean country.
Why Spain doesn't fit the narrative of a spendthrift Mediterranean country.
But the Spanish government then proceeded to run a balanced budget on average - that is to say, its borrowing was zero - every year until the eve of the 2008 financial crisis.
And as Spain's economy grew rapidly, its debt ratio fell to a mere 36% of GDP by 2007. Germany's, by contrast, continued to rise.
So, given this record, why are markets telling us that they fear Spain may not repay its debts, while they think Germany's debts are the safest bet within the eurozone?
The reason is that Spain is facing an impossible economic dilemma.
When Spain joined the euro, interest rates fell to the much lower levels typical in Germany.
While the Spanish government resisted the lure of cheap loans, most ordinary Spaniards did not.
The country experienced a long boom, underpinned by a housing bubble, as Spanish households took on bigger and bigger mortgages.
House prices rose 44% from 2004 to 2008, at the tail end of a housing boom, according to ministry of housing data. Since the bubble burst, they have fallen 17%.
During the boom years, Spaniards earned more and spent more.
That helped to flatter the government's finances. More economic activity means more tax revenues.
But it also helped push Spanish wages up to uncompetitive levels.
Unit labour costs in Spain - a measure of the cost of employing an average Spaniard - rose 36% from the euro's creation in 1999 until the end of 2008.
Read the rest of the story here
http://www.bbc.co.uk/news/business-15734280Amazing story in Spanish about the CAM bank
http://www.elmundo.es/elmundo/2011/12/26/castellon/1324901160.html 
If you don't understand Spanish then use Google translate but here is the basic story.
A businessman is convinced to invest 36000 Euros in preferential shares in 2006 with the CAM bank. Now he wants to recover the money. The CAM say he cannot do so until the year 3000!! And apparently it is not a mistake
Image taken from El Mundo newspaper online with full story here
Interesting Flat For Sale In Central Valencia. Reduced by 35k
A very interesting property in central Valencia for sale. Why is it interesting? Well firstly it has high vaulted ceilings but currently they are painted. They need a good sanding to get the treated wood back. Secondly the living room is a very large open space with great possibilities therefore. Thirdly the two bedrooms are large and there are two bathrooms but if you are not ultra thin you will struggle to shower in the second one ;-) There is a kitchen with gallery and wash area too.
Very well positioned near to the town hall and railway station, an excellent flat on the second floor with an upstairs store room and shared roof terrace.
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