Barcelona meeting point: low expectations

The experts met today at the Barcelona Meeting Point Real Estate Hall have argued that the industry must adjust to the new circumstances and change the model, because the exuberance of the past will not return.

Thus, in a conference organized on the future of the industry, Professor of Economics at the University Pompeu Fabra (UPF) José García Montalvo has claimed that "this area was once an industry: the ground was worth so much the material cost and selling it with a margin. "

"Then the industry turned a business, not what things cost, but how could a family maximum pay for your mortgage. And the adjustment means that the real estate business has to go back to being a real estate industry. And this traffic will be very positive, "said García Montalvo.

Secretary of State for Housing, Beatriz Corredor, leading to inaugurate this conference that "after four years of crisis, the sector had to be resized and in 2010 there have been 250,000 homes, and this is the equilibrium level to be have in the coming years. "

To the Secretary of State, "the year 2011 will be a transition year and from here this sector will again make a positive contribution to GDP."

In the opinion of Broker, the balance is "in the 400,000 annual transactions, including purchases of new housing and second-hand", and Secretary of State believes that the current excess inventory of unsold homes will be placed on a phased basis between now and 2014, in part because foreign demand and investment by foreign citizens to invest in holiday homes.

For its part, the president of the association of APCE promoters, Enric Reyna has warned Barcelona that begins to feel a lack of supply, price pressures will make efforts to be successful and not fall to rise again .

It is another point of view of the Secretary of Housing of the Generalitat, Carles Sala, who has called for "remaking the National Housing Pact", which signed the Catalan administration in 2007 to overcome the paralysis of the sector.

Carles Sala has warned that 2011 will be launched less than 10,000 homes in Catalonia, "which is a true state of paralysis" and has therefore called for a new covenant, because the one signed in 2007 was made under some parameters now not valid.

For Living Room, "there is a mismatch between supply and demand" and called for promoting the rent, "which is where you will find supply and demand."

On the other hand, the Minister of Finance of the Generalitat, Andreu Mas-Colell, congratulated the organization for the Meeting Point has been a success and "to maintain continuity and the thrust of this conference at a difficult time for the sector" .

The minister has argued that "Catalonia is a tourism center that will increase, with many new barcelona luxury hotels, but also a large industrial center and engine of the economy, so that in the medium term, will reactivate the industry."

"Now there are difficulties for the credit and the initial stock, but this will be a temporary phenomenon," said Mas-Colell at the closing ceremony today.

the end of corruption? not really

I continue to see the movement angry and I do not think so: is a tide that does not stop, that unabated and has guaranteed gas. The corrupt, you can not see that coming at them, still at home, so that the movement will grow. In the same way as in the French Revolution was a catalyst hunger invincible, malpractice and social teasing are making tempers, far from abating, rise in pitch. The personal dramas are kerosene in society.

We have before us two years of decline or even recession. The world would be planted in six years of hardship. It's hard to say, but the hopes of the globe to achieve real changes are now in these movements. Because otherwise, we will continue on a planet where people installed in the decision-making will continue doing the same, as if nothing had happened.

The politicians have not dared to make the necessary reforms and we had to attend, after four years of grueling economic crisis, embarrassing performances. The bailed-out banks have fallen back, but its directors have been a bonus, allowances and pensions scandal, with no law would have put a stop to this.

Raw materials prices are unavailable, thus causing famine in the world, international tension and the public press, which sees inflation comes deferred when they suffer unemployment and wage cuts.

Yet, the elite intend to continue business as usual installed in a sign of stupidity that fills me with astonishment, rather than indignation. Do you really expect the directors of the CAM or Novacaixagalicia (for instance) that could go with the big bucks elsewhere? If so, is that they are dumber than I thought. The world is outraged and they with jokes yet.

Our economy is in crisis model, mainly due to corruption. I recently worked at a company that was perfectly viable, but in their own box confused the company with his own. Thus, attending to their personal issues and not serving business commitments. As to them was fine, his company was dying ... The staff, suppliers, banks, all trying to curb this, even resorting to the courts, but always had an escape route. Among other things, the lawsuits ended in a dead, buried in the bureaucracy and inability to seize anything.

That is roughly what has happened in many parts of the world. On Wall Street or in the savings banks. People who have ability to access money is not the work of operating in a sustainable manner, ie pay first ensure that the business moves forward and then, in any case, and pocket the surplus.

That is the basis of the economy: an entrepreneur creates a project that generates income, activity, which obtains higher revenues and investment spending. This is called benefit and for the owners. There's nothing to say. The company is one of the owners and if you win money, it is legitimate for them.

The bad thing is that this crisis is widespread practice of taking revenue from executives, leaving aside the inherent payments business: staff, suppliers ... and manage their personal interests in mind (bonus, pension, personal expenses ... ), though this threatens the sustainability of the firm. Commonly, it is called to take the dough and it has been usual in these last days.

So companies have fallen, leading to very large and they have been. The model manager remains in place, yet. Never mind all that has happened in these years has not been curbed this. It's incredible. Boxes that some managers take him raw intervened, however much it signed with all law a board of directors, no pass.

Only angry movements are putting these issues on the table with the rawness needed. And seeing the shameful present, it is clear that they will continue with every reason to mobilize. Those who do not see it and pretend to hide behind practices before, sooner or later you will be surprised at all pleasant. At the moment, but the outraged who have achieved a small success like this? We must continue along this path. This is only a tiny victory in the midst of a monumental battle.