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It's pretty small btw, 50 sq meters. You could rent it out at 130.000 - 140.000 without much difficulty (we pay a bit less than that now, but if we were going to start renting now it would cost us that much). Note that Icelandic mortgages are pretty scary, as they are given in Krónur, yet the principal is indexed to the inflation. So since inflation has been close to 15% year-to-date, that means the principal of the average mortgage has risen by that much. Crazy.
/threadjack
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