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Lower House Prices

Lower House Prices

For example: The prices of the houses lower. Many people are with mortgages that are worth more than the house than has mortgaged. That means that, if those people make their Balance, it would be thus: PASSIVE ASSETS House, that could be sold Mortgage on that house 200 by 200 and which today less Passive Assets are worth 100 = own Bottoms = -100. That is called technical bankruptcy. What happens is that person had ahorrillos, jewels of the grandmother and relatives who, seen the situation and knowing that she is a honest person, will make use to him. (If outside ninja, neither ahorrillos nor jewels nor relatives.) Logically, that person will not allow many joys in the consumption. But there is more: Great part of the use generated in the last years had taken place in the construction.

This means that it will come – an increase of unemployment in this sector is coming. It will not be difficult to dismiss enough people, because there are many temporary contracts. Many of these people will be immigrants, who have the advantage of the labor flexibility. This means that, if and a me, that we are seoritos, they say to us that we are going to work to Teruel because our company closes in Santa Perpetua of the Mogoda, we will put very bad face. To immigrant, that comes from Quevedo, that, as all we know, is in Ecuador, the same gives Santa him Perpetua who Castejn de Monegros. (Commentary n 10, without no importance: I have put Quevedo, because ALL Ecuadorian with which I am, says to me that he is of Quevedo.) What happens is that: They continue coming people from outside Spain, attracted by the old promises of a minimumly worthy work. All this brings with himself that will consume more resources of the State.

And that the Government, is of the color or colors that are, will have to be very prudent, although we have money, because all we know that the money usually finishes. And, in addition, with a certain speed. OPTIMISM DEFINITION Although seems that it does not come to story, I put the OPTIMISM definition here: To remove the divided major possible from a concrete situation.

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