tag:blogger.com,1999:blog-3864364.post9204324351640167000..comments2024-03-26T09:45:58.528-04:00Comments on Thoughts About K4D: A thought about the housing bubbleUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3864364.post-73665200604638611562013-03-15T15:35:12.344-04:002013-03-15T15:35:12.344-04:00The Spanish devised a variation of this after join...The Spanish devised a variation of this after joining the EU. The Brits and Irish were flush at that time and seeking second homes southward -- spurring contruction in Valencia and Catalonia (Andalucia having been saturated). Residents bought as many units as possible (low interest), added 100,000 Euros to each unit, and flipped the contracts to the northerners -- who lost all when their Norman Hollynoreply@blogger.com