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According to the reports of the Bank of Spain, between 1976 and 2003, the price of housing in Spain doubled in real terms, which means, in nominal terms, a multiplication of 16. In the period for 1997—2006, the price of housing in Spain had risen about 150% in nominal terms, equivalent to 100% growth in real terms.
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Michael Jordan's former mansion is now available to rent on a short-term lease, with a month-long stay at $230,000. ... NBC Universal 2 months ago ... There may not be a lot of homes for sale ...
The tenant will then be entitled to take a portion of the condemnation award equal to 25% of the rent due for the remaining four months of the lease—¤1,000, derived from ¤250 per month for four months. A full taking, however, extinguishes the lease and excuses all rent from that point. The tenant will not be entitled to any portion of the ...
A housing bubble (or housing price bubble) is one of several types of asset price bubbles which periodically occur in the market. The basic concept of a housing bubble is the same as for other asset bubbles, consisting of two main phases.
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