Global Design And Business

How much would that cost the floors depending on our salary? This article shows how wages are paid in each Autonomous Community, which has housing prices in each of them, and how much it should cost and how much it exceeds that price:

“The salary of an individual is a determining factor when purchasing a home. Thus, experts recommend that the maximum price of an apartment does not exceed 2.5 to 3 times the annual gross income of a person. In Spain is impossible that this paradigm is met. In 9 of the 17 Autonomous Communities, the prices of flats are more than 200% above the norm. Catalonia and Madrid takes the cake with increases of 408% and 335%, respectively.

According to the wage structure survey published last Wednesday by the National Statistics Institute (INE), the average salary in Spain was 22,511 euros in 2009. In the event that an average Spanish wanted to buy a flat, he should not pay for more than three times their gross income, ie the price of your future home should be around 67,500 euros.

However for this half Spanish, call it Juan Haldudo, find an apartment at that price would be an arduous task. That same year, the nominal average price of housing in the country reached 255,800 euros, according to figures Evaluation Society.

That is, Haldudo would pay 278% more, a bonus of 188,000 euros, of what the experts advise to buy a house (always referring to general statistics, since the prices of apartments may vary depending on the size, location, etc.).. Or what is the same, to pay for that floor should be allocated so Haldudo inclusion of almost 11.4 times the salary of a year.

The Haldudo disappointment or indignation would grow to see that move to another region not solve your problem with housing. All CC AA, the prices of the apartments are well above the parameter of three times gross income to buy a home. In 9 of 17, the value of the house is over 200% above that standard.

In the Basque Country, the community with the highest average salary in 2009 with 26,162 euros, it would take about 11.7 times the amount of land to buy a house because the average price of homes in this community was around 307,700 euros this year .

The least gross income would be devoted to buying a home is in the Region of Murcia. Here, the average salary was 20,430 euros compared to the average cost of 148,000 euros from the housing. It follows in this order Extremadura, Asturias and Galicia with levels below 200%. Catalonia and Madrid this ratio soars to record 408% and 335%, respectively.

Director of Research at the Institute of Economic Studies (IEE), Gregorio Izquierdo, believes that another reference that links wages and home values ​​is the financial strain. “To know if the prices of homes are expensive or cheap used many indicators, but experience shows that financial stress is linked to the most significant,” he stresses.

This parameter reflects changes in interest rates, household income, the price of housing and within the given mortgage loans. A result above 40% indicate that prices are high, while below 30% are cheap.

In 2009 when there was still the residence deduction, the deductions excluded financial effort was 34.6%, compared to 28% of those who did include the deduction.

About what is happening in mobile operators:

Telstra’s CEO, said that “the price war has just begun.’re Going to lose another 30%.” And the top three Spanish mobile operators, Movistar, Vodafone and Orange, just off a price war to halt the loss of customers from Telstra and MVNOs.

A new example of the virtues of free markets and privatization and competition it creates. If Telefónica had not privatized at the time, it would remain a state monopoly, without competition from any other company (as well ocurriía), and therefore much more expensive with prices as it was. The privatization and market liberalization led to the entry of competitors and thus lowering prices continuing to win customers, and increased investment to improve services and products to offer (they earn more return on investment) and the client also with new and better products). This is market competition incentives to companies to improve (and prices) in order to gain market share, and it is costing us not through taxes as the vast majority of public companies.

Interesting comparison for understanding how our education system and why their defense against the free market and individual liberty:

“Imagine that instead of having the option to buy at any grocery store, I could only go to one shop assigned by the Government. This not only tell you what store can go, but that the amount that can racionaría acquire, the variety of each food, the bags would be banned, and racionaría the weekly shopping basket per household.

Do not you think this process as a kind of dystopian nightmare of a totalitarian government itself ignores human rights and welfare of its citizens, and only seeks to perpetuate the power and control? Unfortunately, not science fiction. In fact, it almost exactly how our government education system.

A further demonstration of the objectives of the political class and its merits:

“The sense of order cycle has been installed in the government of José Luis Rodríguez Zapatero, where in recent weeks, living an exodus of senior managers looking for new jobs where they relocated to the expected arrival of the PP. The last known case that of Bibiana Aido, which changes the Executive for a UN office in Women, but before she had left the ship Bernardino Leon, Carlos Ocaña, the chief of staff Francisco Caamaño or CEO of autonomous cooperation. With the Government as a springboard , all delicious destinations found in both the public and private sectors.

With help from the president himself, who has shielded some of his pawns closer these days multiply the outputs of the executive bound for various national and international institutions.

Thus, Zapatero has made Bernardino Leon, one of his closest advisors and even Secretary General of the Presidency, appointed special envoy is expected the EU to the southern shores of the Mediterranean. Something like the man in Brussels in the Arab spring. Something eventually has failed in the case of Moratinos and his failed bid for the leadership of the FAO.

Another figure who has sought refuge outside Spain is Bibiana Aido. The former Minister for Equality, converted into U.S. Secretary of State announced on Saturday their march to UN Women as special advisor to the director, Michele Bachelet. Aido output also certifies the death of generational renewal project outlining the president, as well as its commitment to equality and youth in his Cabinet.

However, changes made within the national institutions are even more relevant since they represent the legacy of Zapatero in economic and regulatory bodies. Carlos Ocaña, former Secretary of State for Finance, stepped down this month to become CEO of Funcas, the Foundation of Savings Banks. Indeed, Alberto Lafuente, president of Post and Telegraph and a good friend of Ocaña was elgido to direct the National Commission on Energy. Lafuente had become the Mr. Postman to prove their pedigree after Zapatero Socialist Alternatives Foundation, and will now be at the forefront of the energy regulator.