I never would have imagined that German taxpayers even have to stand up for Spanish banks.
When in 2007 Köfferchenträger knocked on the door of my former real estate and construction offices in Spain's southern coast and makes an urgent demanded that also encourage immigrants to purchase homes, I knew what the clock had struck. A Romanian construction worker z. B. should after only 11 months (!) With a Spanish employment (nouns) are treated as a Spaniard and receive appropriate credits at home or buy a home. (A durchsschnittliche Three-room apartment then cost 150,000 euros).
You need neither imagination nor expertise to be believed that an immigrant couple (usually he worked in construction, she cleaned) can offer no collateral except his labor force. Falls off only the cleaning job, the mortgage can not be controlled. Now, however, both jobs were lost ... (more ...)