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Thousands queue for cut-price housing
Nov 16, 2008
A Spanish property developer is offering first-time buyers a helping hand by selling cheap apartments.
More than 2,000 Spaniards are being given the chance to buy apartments for as little as US$150,000 (S$227,460). Spain has enjoyed a ten-year property boom, but the market collapsed earlier this year as a result of the global financial crisis.
--Reuters
Duration: 1 min 10 sec
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