Young people more cautious property purchasers

It takes the under 30´s on average a total of 130 days to view and finally occupy their property - one month more than the over 40´s! On average the under 30´s will visit 4.3 new constructions before purchase and their priorities are; location, followed by distribution of living space, orientation of the property, conditions of payment, services in the area (published by Observatorio Edival). The over 40´s act more on the spur of the moment and with less consideration of the above. Who said that the young are impetuous!

FOR LOWER PROPERTY PRICES PRACTICE BIRTH CONTROL!

Sr. Eugenio Rodriguez Cepeda (President of the Colegio of Registradores de España) said this week that that the latest tendency to see less first time buyers for properties in large cities in Spain´s interior such as Madrid is due to the effect of the low birth rate of the 1980´s/90´s. It did indeed surprise many that Spain with its once large families of 30-40 years ago went on to be the country with the lowest birth rate in 1980.