The increase of foreign buyers and investors with high wages and high purchasing power from the USA, UK and northern Europe is transforming the Valencia real estate market, which has triggered both sales and rental prices. As a result, the local population, with significantly lower average wages, faces serious difficulties in competing and accessing housing in the areas.tags: housing, speculation, expat» original news (www.lasprovinces.es)
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The increase of foreign buyers and investors with high wages and high purchasing power from the USA, UK and northern Europe is transforming the Valencia real estate market, which has triggered both sales and rental prices. As a result, the local population, with significantly lower average wages, faces serious difficulties in competing and accessing housing in the areas.tags: housing, speculation, expat» original news (www.lasprovinces.es)