Spanish queue for cut-price housing

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As the credit crisis deepens, a Spanish property developer is offering first time buyers a helping hand by selling cheap apartments. More than 2,000 Spaniards are being given the chance to buy apartments for as little as $150,000. Spain had enjoyed a ten year property boom but the market collapsed earlier this year as a result of the global financial crisis. Liz Kennedy reports.SOUNDBITES: Antonio, Prospective flat owner. Patricia, Prospective flat owner.

Tags: credit crisis, Spaniards, apartments

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