29 Dec 2008 11:01 AM:
On the other hand some of us would appear to be better off (fortunately). Ive had a property in Spain for the last 7 year now mortgage free and bought it for the future when I retire.
At the moment in the UK with the interest rate drop, people are better off on a monthly basis by hundreds of pounds. So although im having to pay more for the euro im considerably better off than I was 12 month ago.
As for Spanish tourism well they reckon Spain will benefit most! This is because people with a £100 - £200 per month reduction in their mortgages, know its only short term 12 month at least. So they are using the extra money to book holidays. Im already sorting the years flights out
Thread:
Currency dilemma
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