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<blockquote data-quote="DJU9" data-source="post: 12335390" data-attributes="member: 44472"><p style="text-align: center"><img src="http://cdn.theatlantic.com/static/infocus/withoutus031512/s_w17_09189287.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p> <p style="text-align: center"></p> <p style="text-align: center"></p> <p style="text-align: center"> <strong>Apartment blocks in Sesena in the Toledo Provence near Madrid, Spain, seen on February 9, 2012. Only a 45-minute drive from downtown Madrid, towering vacant apartment blocks loom over empty streets and weed-filled lots. Apartments galore are for sale and rent, and prices are plunging. More than 13,000 apartments were supposed to go up here to create a mini-city for 30,000 people. But only 5,100 were built, many are uninhabited and most commercial storefronts in the mega-development are bricked shut. Spain's phenomenal real estate crash and economic implosion has turned what was supposed to become a vibrant suburban paradise for young Spanish couples and their children into one of the most visible monuments of the country's real estate boom gone bust.</strong></p></blockquote><p></p>
[QUOTE="DJU9, post: 12335390, member: 44472"] [CENTER][IMG]http://cdn.theatlantic.com/static/infocus/withoutus031512/s_w17_09189287.jpg[/IMG] [B]Apartment blocks in Sesena in the Toledo Provence near Madrid, Spain, seen on February 9, 2012. Only a 45-minute drive from downtown Madrid, towering vacant apartment blocks loom over empty streets and weed-filled lots. Apartments galore are for sale and rent, and prices are plunging. More than 13,000 apartments were supposed to go up here to create a mini-city for 30,000 people. But only 5,100 were built, many are uninhabited and most commercial storefronts in the mega-development are bricked shut. Spain's phenomenal real estate crash and economic implosion has turned what was supposed to become a vibrant suburban paradise for young Spanish couples and their children into one of the most visible monuments of the country's real estate boom gone bust.[/B][/CENTER] [/QUOTE]
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