Few months?
I think you are being too optimistic.
Few months? Spain is not having any sales at all. Developers have thousands of houses and they can't sell them. The market has abruptly stopped, but the construction has been going on for a while, as it is not that easy to stop construction. Just imagine a development with 100 homes of which 10 are sold and a completion date is in the contract. Developer continues building but no more sales and no more finance. It has to stop then. 10 clients with no home, builder unpaid, employees unpaid, etc.
I would say it will take a good 2 or 3 years to calm down. But this will mean a lot of people will be affected.
Good luck to all.
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