As the saying goes a man's home is his castle but in this case, it really is true. House prices in Spain and France remain dangerously over-priced, based on their historical average versus rents.This is a good measure to start with. It gauges fair value for properties in the same way that a price-to-earnings ratio does for a share on the stock market. In short, you divide the price by the annual earnings of a property then compare this against the average for the past 20 years....AMOR PATRIAE
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