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0 sats \ 1 reply \ @rootmachine OP 9 Nov \ parent \ on: Rise of housing prices in the EU (2015-2023) charts_and_numbers
teoretically is stagnant/declining. basically we have a war (in Ucraine) and crisis at the door/in house already in many EU countries. let's hope for the best.
It is the price of debt that is the primary driver of property prices.
The price of debt cannot go lower from here on.
It did go lower for over three decades from the late 1980s until Covid driving up prices for all those years.
From now on the price of debt cannot go much lower...more likely only up.
Generally prices will now stagnate with some variations driven by other more location specific causes.
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