On the 11th of JULY 2012, this news headline appeared repeated across various sites:
included in the content was this about prices in Brussels:
Brussels recorded the biggest increase, 7.9% with the average house now going for 422,248 euros. [...] and in Brussels an increase of 9.2% (average price of a flat: 224,912 euros).
The same week, I saw this very unusual advert (visible from metro station Ossegem)
|"Un Appartement trois chambres acheté + une voiture offerte"|
This reminded me of the many anecdotes relating the obvious signs which were missed by unfortunate buyers/investors in property just before the housing crash in various countries..
A similar story was just published on CNN about the Spanish housing market 'desperation'.
....Some realtors have started setting up housing fairs in the parking lots
of shopping centers, in the hope shoppers might be drawn in. One fair in
Madrid was offering a free car with home purchases, just one of many
incentives to boost Spain's housing market.
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