Thursday, December 9, 2010

Reason 3 Installa Orkester

25% of the VPO awarded waiver White

"VPO VPO built is sold." The phrase, coined two years ago by the president of the Builders Association of Promoters of Spain (APCE), Guillermo Chicote, and adopted the slogan of the sector, has lost all its value. Today, housing (VPO) wins in first person the lurches from crisis.

Experts say the lack of financial credit from banks and banks to join new problems: the rising price of OPV that sometimes equals that of private housing, and the rejection of the beneficiaries floors that have been awarded. A broken dream. After years of waiting, it is estimated that between 20% and 25% of awardees is forced to give up the keys. Eventually, they say, can not afford. News

succeed equally in different autonomous. Only in the Basque Country, it is estimated that 43% of the beneficiaries of public housing protected directly promoted by the Basque Government in 2009 for sale has had to relinquish it. Over 70% of rejections occur in Guipúzcoa. The reasons for the Basque Department of Housing are several, but the economic crisis and the uncertainty of when they hide behind these resignations. According to his information, 16% of Basques resigning alleged economic and financial problems and 12% cited the high price subsidized housing.

From north to south. In Huelva jumped the alarm last year when they began to join in promotions highly publicized rejection of OPV as those located in the Marshes of Powder, Seminar or Parque Moret. In case the situation was Moret Park boundary: the list of 523 candidates for 172 homes had been recorded more than 500 rejections.

The main problem is always the entry fee. According to the contract of these promotions, this is equivalent to 20% of the total price paid to the sponsor before signing the scriptures. But since the award on return of keys, usually for a period of one and a half, it may take many things. How to lose the job. Antonio is the case of P., which today is one more than the 4.1 million unemployed and one of that 25% of beneficiaries who could not sign. Her house now has a new owner.

Conclusion: For the first time, supply exceeds demand. Thus, although there is no census Huelva official applicant VPO, it is estimated that for every municipal promotion, there is a ratio of three applicants, compared with 15 in previous years. Again

Extremadura OPV yields good news, in many cases, the high cost. According to latest figures, the prices of this type of living are very high for a region with the highest unemployment rate and wage differences low.

is also the case of Teruel and Ciudad Real where the price, financing and fine print are not attractive. According to the Ministry of Housing, in Teruel, the prices of protected flats are up 6.1% more expensive than private housing.

As in Ciudad Real. In this capital, in 2009 the price of OPV were placed over 1.2% of the grantees. In Cáceres, according to official data, either compensated, as the price per square meter is the same. With the difference that a protected house has a number of limitations when they possess it is not free.

This does not occur in all regions and there some, like Madrid, where it is noticeable difference. In the capital of Spain, the VPO is worth 55% less than free.

Faced with declining demand, some developers have chosen to adjust projects to reduce the price (delete garages, cheap materials and even soften the requirements of candidates). The goal: to sell the VPO in the portfolio.

Source: The Economist (08/12/2010)

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