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Spanish home prices fall faster on tax changes

Spanish house prices have been falling lately.

Homeowners have been able to write off part of their mortgage payments when they fill out their income tax returns for decades. But changes to Spain’s tax law from January 1 mean far fewer people will be able benefit, contributing to an acceleration in the decline in house prices since the start of the year.

April 20th, 2011 | Posted in Business | Read More »

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