Realism means facing the announcements
made yesterday by the new Spanish government regarding important tax hikes,
drastic cuts and an unprecedented GDP deficit of 8%.
Optimism means relying on the new
regulations that promise to stimulate the stagnant real estate market. Among
the measures just established are the reintroduction of a tax benefit and a
super-reduced VAT rate of 4% on the purchase of new homes.
In addition, the new Public Works
Minister Ana Pastor has included a housing policy in her portfolio and made
reducing stockpiles of unsold new homes one of her priorities.
These measures tell us that this may
a good time to purchase buildable land like the plot offered on this blog.
We shouldn’t forget that investing
in land continues to be an option that promises benefits in the medium or
long-term, whilst gold and silver prices threaten to begin their downhill or at least unstable course in
the coming year, especially if the European debt crisis continues.
Whatever the news, I wish everyone a happy New Year
full of optimism, mixed with a bit of realism!
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