25 sats \ 1 reply \ @shado_op 11 Dec 2023 \ on: Holland Has A New Tulip Bubble (Like Any Fiat Society) econ
US version. Not quite so extreme, the sub prime crisis dented it, but similar long term trend.. Orange line is inflation adjusted, set at 100 in 1890.
Sorry, link to image, wont show in post!
Screenshot_20231211-175102~2.png
Source https://inflationdata.com/articles/inflation-adjusted-prices/inflation-adjusted-housing-prices/
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25 sats \ 0 replies \ @TomK OP 11 Dec 2023
Thanks. I think the Eurozone has the problem that it was broken from the very first day. The ECB is pumping the deficits, financing regional programs etc meanwhile private capital is searching safe piggy banks in the northern RE sector.
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