MADRID | By The Corner | A few years ago, owning a house was the dream of many. However, today this dream was turned into a nightmare for more than almost 600.000 borrowers in Spain. Thousands of homeowners across Spain are trapped in underwater mortgages more expensive than their houses.
By Julia Pastor | Given the changing global economy and its prospects for the coming months, all eyes are on China, where policies to curb real estate prices are beginning to take effect. According to official data from the national statistics office, that JP Morgan in Spain includes in its Friday report, in November, new housing prices in China fell by -0.17% MoM (although they are still at +2.3% YoY)…