The incredible increase in house prices tracks a dramatic decline in interest rates. Interest rates were at 1% last year, below inflation! I have no idea how interest rates will change in the next few years, but I do know they will not decline at the same rate as over the past 10 years. As soon as they go up, the prices will decline.
https://www.interhyp.de/ratgeber/was-muss-ich-wissen/zinsen/...
The incredible increase in house prices tracks a dramatic decline in interest rates. Interest rates were at 1% last year, below inflation! I have no idea how interest rates will change in the next few years, but I do know they will not decline at the same rate as over the past 10 years. As soon as they go up, the prices will decline.