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To: economist-student

If they don't call this (an 11m2 apartment going for 99,000 euros!!) lunacy, I don't know what it is.

It's crazy over there. Besides, as I have mentioned before, 93% of all mortgages in Spain are ARM, so every 6-12 m, monthly payments go up.

3 posted on 04/19/2006 3:23:39 PM PDT by economist-student

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To: economist-student

"Hipotecas" means Mortgages in Spanish, while "tipo" means interest rates.

5 posted on 04/19/2006 3:29:56 PM PDT by economist-student

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To: economist-student

Hey, c'mon. What's wrong with wanting to sit on a 1m x 1m patio to watch Spanish babes all day?

6 posted on 04/19/2006 4:32:16 PM PDT by manwiththehands (I'm a single issue voter this year: illegal immigration.)

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