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The cycle of life

En el "Rey León" se tararea "el ciclo de la vida" lo que llevado a la simplicidad es con lo que los humanos y semovientes asimilados suelen disfrutar/sufrir, léase nacer, crecer, reproducirse y, por acabar, morir. Leer

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The cycle of life

The article discusses the cycle of life and how it relates to the economy, specifically in Spain. In the early 2000s, Spain experienced a period of economic growth and low interest rates, leading to a surge in housing construction, with over 600,000 new homes built in 2004. However, this led to a crisis when the housing market collapsed, and the savings banks, which played a crucial role in financing families, disappeared.

Today, with interest rates rising, the demand for housing persists, and banks are again using securitization to finance families, but with more restrictive lending practices. The euribor, a key mortgage reference rate, has surpassed 3% and is expected to continue rising.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

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