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Re:Entire German bond yield curve back in sub-zero territory by kazen44 on Tuesday August 03, 2021 @02:17PM (#28052304)
also, the rising real estate prices have detrimental second and third order effects.

For instance, birth rates are dropping because young adults cannot afford a house, which in term means they have to rent against higher prices which means they have less income to actually put into the economy.

What will we do once we have a generation which doesn't have any wealth and doesn't own a place to live? People who have little to show for it after a lifetime of working while subsidizing those who own the properties they live in is not a situation you want society to be in.

Re:Entire German bond yield curve back in sub-zero territory by EVa5I7bHFq9mnYK on Tuesday August 03, 2021 @05:40PM (#28054582)
Don't forget that those young people have parents and will eventually inherit their real estate, so they will have something to show for it after a lifetime of working.
Re:Entire German bond yield curve back in sub-zero territory by Rodeoclash on Tuesday August 03, 2021 @06:46PM (#28055188)
Maybe. Remember that the house can be:

1. Split multiple ways due to multiple children. 2. Sold to finance retirement living.

Re:Entire German bond yield curve back in sub-zero territory by pydry on Tuesday August 03, 2021 @06:41PM (#28055131)
Only some of them. And many of those houses will be sold to pay for healthcare.