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Japan has yet to recover from its real estate bust.
Spain, meanwhile, is struggling to recover from a devastating real estate bust.
Mr. Delgado said that the real estate bust could also hamper re-election efforts.
Spain has done better, but it, too, has been badly hurt by the results of a real estate bust.
These plans are a boon for the construction industry, which was badly hit by the local real estate bust.
More recent data also shows that fears of an imminent real estate bust may have been premature.
They were most concerned about government intervention in the financial markets and a commercial real estate bust.
They have tried to comfort some of their younger neighbors who are more apprehensive about surviving a real estate bust.
Today, the Meier building — officially, On Prospect Park — is a wall of windows into the real estate bust.
She said that the correlation became more pronounced after the real estate bust, when lenders became reluctant to even consider customers for a mortgage unless they held jobs.
Spain's real estate bust has left many of its banks with too many bad loans and not enough of a financial cushion against further losses.
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