Word: spain
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Dates: during 2000-2009
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...Vegas to Valencia, Warsaw to Sydney. By February, house prices in 20 key U.S. cities were 12.7% lower than a year earlier. And after rising almost threefold in the decade through 2006, prices in Ireland slumped by around 7% in 2007. Similar booms have come to an end in Spain, Poland and Estonia...
...Prime Minister Margaret Thatcher granted public-housing tenants the right to buy those homes for knock-down prices. The measure was cheered by one Thatcher minister as "one of the most important social revolutions of this century." By 2005, 70% of U.K. homes were owner-occupied, less than in Spain or Italy, but above the E.U. average and well beyond the levels reached in France or Germany...
...skids, with prices slipping by a third in the six years from 1989, unemployment and interest rates were both higher. This time around, the hope is that Britain's shortage of housing supply may help prevent such a bloody crash. The rate of housebuilding in Ireland and Spain - both of whose markets have overheated in recent months - more than doubled in the decade to 2006. In the U.K., the increase was just 12%. Demand ought to remain robust, says Ball, with "long-term rising incomes bashing against the cliff of tight supply...
...years, Telma Ortiz lived and worked in the Philippines, and the tabloids had to content themselves with only occasional glimpses of what Hola magazine dubbed "one of the most eligible women in Spain." But a boyfriend and a pregnancy brought her home in January, and with that return came such illuminating features as "Telma on a Motorcycle," and "Telma Knows How to Keep Her Skin from Getting Shiny...
...Greece, like Italy and Spain, has miles of exposed coastline, making it a common entry point for immigrants aiming for European Union soil. Often people-smugglers, eager to avoid capture, force their charges off their boats and into the water well before arriving at shore. Thousands of would-be immigrants are believed to die each year in the Mediterranean, according to a top European Union official. Arrivals in Greece, most of them smuggled by boat from Turkey, have been increasing in recent months. Ioannou said that on this small island of Leros, for example, more than 800 immigrants have come...