May 20, 2007 18:40

Living in Spain... the price of a house

Living in Spain... the price of a house

Squatt and flight!

It was eight years ago when I left Spain and since then I have witness -from the distance- the insane price of real state in the country. I wonder how is it possible that housing in Spain is more expensive than in Sweden... one of the winners of the situation is going to be IKEA, people are left with very little money after paying the monthly mortgages and the ultimate solution is to buy furniture do-it-yourself. This globalization thingy creates situations that deserve reflection and reaction. Spaniards buying furniture from a Swedish multinational company that brands design and quality while keeping most of the production in countries with poor worker rights. The worker of Spain pays the mortage to a bank and imports furniture produced in China, Romania and Vietnam. Of course with the design and quality of Sweden a country proud of their workers' rights.