Monthly Archives: November 2011
Recently Spain got back on the radar of investors when an auction of government bonds failed to attract enough attention, forcing the yield up to almost 7%. In light of the yield on German bonds of less than 2%, this … Continue reading
According to this article house prices have dropped 6.4% in October, compared with October 2010. The overall price-index, with 1000 as a base for 2005, now stands at 891. That would imply a price drop of only 11%. If you take … Continue reading
Yesterday an old friend came bursting into the office all excited. “I finally sold my house, he exclaimed enthousiastically.” What do you mean “finally?” I asked.”You only had the house on the market for eight months.