One unmistakable trend happening in Ecuador now is the wave of Ecuadorian immigrants living in Spain who due to the financial hardships being experienced there have decided to return home to Ecuador.
With unemployment rates over 22% in Spain as of 2011 who can blame them.
This could have a downward push on prices, especially in the Loja and Cuenca areas, which have property markets that are heavily influenced by the money Ecuadorian migrants bring back from abroad to buy in Ecuador.
Now, returning without much money, there may be less buyers and demand for Ecuador properties in those areas.
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