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Apr 25, 2012

Spain: Impact of Housing on GDP

As you can see a big part of the total investments in Spain consisted of housing investment. Especially so in the years closer to the crises. In the lower panel you can see construction raised GDP before the crises and has lowered it since the crises started.Banque de Espana

1 comment:

  1. Thanks for taking the time to discuss this, I feel strongly about it and love learning more on this topic. If possible, as you gain expertise, would you mind updating your blog with more information? It is extremely helpful for me.