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why aren´t houses sold in Spain? When a person who is not a rich wants to buy a house, he usually has to borrow a mortgage loan. In 2007, Banks didin´t give credit each other as a resault the interbank markets stopped the credit facilities. In the spanish case, the sales of real state started to put down in 2007 because of the financial crisis. This reason links to many real states was built between 2003 and 2007, It´s one´s problems of Spain. In adittion, the slowing down of the main european economies doesn´t help to lighten the huge charge of the spanish economy. In conclusion, The increase of payment in default makes many banks reduce his confident in the people and the real state price has not put down enough yet so some people is waiting for.

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