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Spain’s Inflated Home Values Infect Mortgage Bonds (Update2) - Bloomberg

Spain’s Inflated Home Values Infect Mortgage Bonds (Update2) - Bloomberg
July 31 (Bloomberg) — Jose Maria Gonzalez is struggling to unload a four-bedroom apartment in Madrid so he can pay for the 480,000-euro ($750,000) house he now lives in. His problem may wind up hurting investors in Rome and Hong Kong he’s never met

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This entry was posted on Thursday, July 31st, 2008 at 7:00 pm and is filed under Loan. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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