Hacker attacks the Ministry for Housing website as Spanish mortgages come under the international spotlight

Hacker attacks the Ministry for Housing website as Spanish mortgages come under the international spotlight
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By h.b. - Aug 30, 2007 - 12:26 AM

The hacked Ministry of Housing homepage yesterday

Both the BBC and CNN have recently broadcast reports on the high cost of housing in Spain, compared to the low wages here

The web page for the Spanish Ministry for Housing was hacked by an intruder yesterday who changed the text of the home page.

El Mundo reports that the changed page was online for about 90 minutes and contained an extremist manifesto.

The page claimed that you would never own a house, and then went on to blame immigrants, democracy, the military and many more.

It comes as concerns have been raised outside Spain as to the state of the domestic mortgage market here. House prices here have increased far more than wages over recent years, and both the BBC and CNN have shown reports on the subject which have noted the low level of the minimum wage in Spain.

El País notes today that a fund manager on Wall Street can earn 22,000 times more than the average worker in the United States. The top 20 paid fund managers make 482 million € a year – in other words earn the national wage of 21,580 € in just ten minutes, according to a report from the Institute for Policy Studies.

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