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> Greece

Some Greeks line up for 60 euros a day. Others queue for 500K purchase! (pics)

Greeks who pay half a million to buy in London!

Newsroom July 12 11:02

We have all seen an image or two of those desperate elderly Greeks standing in long ATM queues to pick up their 60 euros for the day!

Well there are some other more ‘fortunate’ Greeks, who stand in lines pricey London property…

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To understand the magnitude of demand for greater London real estate, which is causing prices to soar, the British capital is considered the most expensive city in the world to buy a home. Suffice to say that 230 apartments were sold in about five hours in the under construction Main Tower building!

This time there were long lines of buyers to waiting for 36 hours to pre-purchase their expensive apartments, ranging from 420,000 to 1,4 million euros!! According to Stephen Conway, a representative of the construction company, most of the foreign buyers were Greeks trying to take their money out of the country!

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