is the bubble soon to burst?
I really hope so.
It has to, or the natives woun't be able to buy a house in the near future...
yes dont believe everything about the "poor" portuguse. One portuguese told me years ago that there were enough places to live in portugal for a population of 30 million but only 10 million live here. All the properties you see are not all owned by foreigners, most by locals.
EG: heard of portuguese woman near by called Florinda, an OAP who used to come out of her villa when the sun rose to get warm as she had no heating, sucking a piece of dry bread as she had no teeth. Yet she owned the villa she was in plus another villa and two apartments in Albufeira with sea views which she rented out.
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