It might be nice to live in a pretty villa in southern Germany for around $1.23 a month. Jakob "The Rich" built this villa about 500 years ago for the indigent. There is another catch: you must be willing to pray for the Fugger family-all of them. Say One Our Father, One Hail Mary, and the Apostles Creed. After that, you are good to go, and have fullfilled your obligation to the Fuggers.
In This Picturesque Village, the Rent
Hasn't Been Raised Since 1520
Tenants in German Enclave Pray Daily, For Good Fortune and the Souls of Bankers
by By MIKE ESTERL
AUGSBURG, Germany -- Every day, retired florist Rita Wunderle prays for the souls of bankers.
Despite daily headlines about banker-fueled economic crisis and an alleged $50 billion Ponzi scheme, her 145 neighbors pray, too.
Mrs. Wunderle lives in the Fuggerei, a Roman Catholic housing settlement for the poor that Jakob Fugger "The Rich" built in this southern German city nearly 500 years ago. Praying for Mr. Fugger and his descendants to enter the Pearly Gates is a condition for living here, at an annual rent of 1 Rhein guilder, the same as in 1520. In today's money, that's 88 euro cents, or about $1.23. continued