Work Force 2008

Credit Crunch in Tuscany

by admin on 16/02/09 at 7:13 am

Tuscany is happening close of the credit.
The increase in interest rates and most importantly, the timing of financial confidence has led banks to reassess the criteria scrupulous with each client that requires funding.

According to some surveys, the restriction of funding would be more than 5% compared to 2007.
“The close bank - says Mario Breglia, president of Real Estate Scenarios - particularly affects young people, immigrants and those who have a lower middle income. It should be better for those who want a big house and honor, which pays in cash, and then moves investments from finance to brick”.
So what the Italian has done for several years now back “fashion.”

And if first davamo little importance to savers who invested in the brick, it is time to shake his hand and complimented him.

In a completely unstable people could invest in a house now has its own capital revalued significantly safer and instability of the stock market.
We will see if the close of the claim will result in the rest of Italy or is it just an isolated case.