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April 27, 2013, 09:34:10 PM |
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Yes, but it's very stupid.
Even if the Euro failes it is very likely to make a huge loss due to goverment regulations. After the german hyperinflation dept and savings got different exchange rates. There also might be a new tax on property and there is no way homes keep their value.
Since you probably loose your job and savings there is no way you could pay tax, loan and food and loose everything. Even if you had enough cash to pay for the loan it would be cheaper to buy homes at market price instead paying off the higher mortage.
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