Hi Everyone

Noticed that people are worried about house prices in BG, I stumbled upon this excellent article which is well worth a few minutes... compare the level of investments here with ours in BG... obviously some of us have more invested than others but this puts it into perspective...

[url:t3a10rj9]http:
//www.
guardian.
co.
uk/money/2011/apr/02/spain-property-prices-collapse[/url:t3a10rj9]

Quote from The Guardian.

'Meanwhile, as if that's not enough, the scandal of Spain's "
illegal homes"
continues. For more than a decade there have been disputes over some new developments retrospectively declared illegal by councils, controversial compulsory purchase powers given to developers by some local authorities, and politicians who have been jailed for accepting bungs.

The most recent controversy blew up last month when 12,697 new homes were declared illegal in the Almanzora Valley in south-east Spain, an area popular with holiday-home buyers. Some 920 have been earmarked for demolition, while the remainder may be rezoned, thus allowing them to be declared legal and have utilities connected' ... this is awful... Talk about corruption... Also Spains 20% plus unemployment....

I'm so glad about my about BG operation as I know it won't 'break the bank'.

Regards
Rich