If God gives you lemons...
May 28, 2008 12:19 PM Subscribe
Among European countries, Spain has been hit
particularly badly by the global credit crisis. Miguel Marina, a recently unemployed real estate agent (what else?) has been one of its victims. Unable to keep up with his mortgage payments or to find a buyer for his home, he has found an original solution: he's raffling
at 5€ a ticket.
Considering that the total value of the tickets he's selling is 320,000 €, and that the Spanish press (which is all over the story) is reporting that his previous asking price for the apartment was 200,000 €, and that his current debt is of 188,000 €, Mr. Marina may end up pocketing a tidy profit, after all. The lawfulness of the raffle is however disputed