-
Privatization of the land market
Privatization of the land market -
More houses are built
If more houses are built, prices will decrease -
Labour reform
New labour reform -
Advantages for employers
Advantages for employers to reduce unemployment -
Housing becames a trend
Housing becames a trend -
The price is skyrocketed
As consequence, the price is skyrpcketed -
The Wages were frozen
The wages were frozen -
Bubble was already done
The bubble was already done -
Prices in the sky
But the prices of houses was in the sky -
Banks kept on conceding credit to people
Banks kept on conceding credit to people -
The panorama was horrific
The panorama was horrific -
The crisis in the USA broke out
The crisis in the USA broke out -
Banks stopped conceding credits
Banks stopped conceding credits and the economy decreased -
The crisis had started