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> And if your bank owns the home rather than you, falling prices screw you over because you owe far more to the bank than you could make by selling.

So like what 99% of homes? If you rent you don't own it, if you own a condo you don't own it, if you own a house outright you are probably close to 1%.

Most of Barcelona is rent/condos. There is not a ton of 250m2 mansions in downtown Barcelona.




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