Reply To: Has the gain in Spain gone down the drain?



The reason I did not think it was on of his best articles is that Mark continues not to factor in the exchange rate. I bought my property around 18 months ago and sure it has fallen around 8% according to recent sales, but I bought euros at 1.50 then so my property would cost me in real terms a lot more today, and I am sure that a lot of other people are in the same position. As for the future who knows where the £/Euro will be, up or down? I for one have no regrets (at the moment) about buying when I did.