A snapshot of the German real estate market suggests that the Germans will be spared the fate of the Chinese, a blatant deflation on the real estate market, for the time being. At least here the fiat bubble system is working perfectly again, prices are rising, housing is becoming less affordable again, everything is fine. Bravo ECB!
By the way: the regulatory frenzy with which German politicians have destroyed German housing construction also serves only one purpose: to keep supply tight so that prices can continue to rise.
Germans dont buy two or three houses for investment purposes, though.
The chinese are greedy.
greedy or lack of options?
Bitcoin?
ya, its an option to an extent. but the difference in capital controls between a person in the US and a person in China is huge.
there are a few ways to continue farming a human being (a fiction of man) that i can think of:
preferred way of farming depends on the efficiency of yield.
It's a good thing that the german real estate crisis is over.
I am happy for them too
The price crisis may be over while housing crisis remains and gets bigger.