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 Dollar mortgage holders urge Russia to end 'financial slavery'

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Dollar mortgage holders urge Russia to end 'financial slavery' Vide
PostSubject: Dollar mortgage holders urge Russia to end 'financial slavery'    Dollar mortgage holders urge Russia to end 'financial slavery' Icon_minitimeSun Dec 28, 2014 2:35 am
When Olga Savelyeva took out a $226,000 mortgage to buy a small apartment on the outskirts of Moscow in 2008, she could never have imagined that the ruble would lose more than half its value in a few short years.

Dollar mortgage holders urge Russia to end 'financial slavery' 218ec7dc8d10f344eb01ada5cab8d8d291f73811-1a9qvg9

But Savelyeva's $2,090 monthly instalments have skyrocketed in ruble terms due to the Russian currency's dive against the dollar. The resulting jump in monthly payments from 49,000 to 115,000 rubles now devours most of her family's income.

https://au.news.yahoo.com/a/25861203/dollar-mortgage-holders-urge-russia-to-end-financial-slavery/
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