tag:blogger.com,1999:blog-225056078657116818.post8272870856960066032..comments2023-04-27T13:17:28.693+02:00Comments on TILTING AT WINDMILLS: TIME RUNNING OUT FOR PSOESANCHOhttp://www.blogger.com/profile/11961367278843285235noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-225056078657116818.post-38302869936640322922011-07-07T13:22:45.057+02:002011-07-07T13:22:45.057+02:00I believe the unemployment rate in Marbella is way...I believe the unemployment rate in Marbella is way higher than that- probably more than 30%.<br />Because the only real industries here are real estate and tourism it has made us much more vulnerable.When the real estate market crashed it brought down with it architects,lawyers,builders,interior designers,furniture shops,curtain makers and all of those other businesses that are dependant on the property market.Previous economic slumps cleared the market of amateurs and opportunists and the strong well established companies survived.This time round I have seen many businesses who are long established go to the wall.<br />As an architect I would expect to be on the front line of any recovery and while things are improving modestly there is a long long way to go yet.Tony Murphynoreply@blogger.com