|April 27, 2016||No Comments|
Since the financial crisis started in 2008, a lot of real estate firms in Barcelona had to close. In 2010 Casamona was close to take the same decision, give up and close the business. But a somewhat short-term change in the business strategy of the firm made it possible for Casamona to keep the business going. Casamona followed the basic supply-demand cycle, recognising that less clients demanded buying apartments but was more interested in renting, and fewer owners wanted to sell their apartment but wanted to rent out instead, thus make the business changed from sales to a more rental oriented focus, which was more in the interests of the owners of apartments in Barcelona and what the clients demanded. You can read more about the story of Casamona and the real estate business in this article written by La Danesa which is a Danish magazine for Danish people living in Spain.