Economic Crisis Renders Madrid's Commuter Towns Redundant

CIUDAD VALDELUZ, SPAIN - JULY 05: A road network surrounded by wasteland remains the only evidence for a proposed residential development on July 5, 2012 in Ciudad Valdeluz, Spain. The new city of Ciudad Valdeluz, 60km from Madrid, was originally intended to be home to 30,000 people however it currently has only approximately 700 residents. Despite having the fourth largest economy in the Eurozone, the economic situation in Spain remains troubled with their unemployment rate the highest of any Eurozone country. Spain is currently administering billions of euros of spending cuts and tax increases in a bid to manage its national debt. Spain also has access to loans of up to 100 billion euros from the European Financial Stability Facility which will be used to rescue the country's banks that have been badly affected by a crash in property prices. (Photo by Oli Scarff/Getty Images)