Re:The Portuguese can no longer afford to live in Portugal
by commandlinefan on Thursday September 01, 2022 @12:15PM
(#32678597)
But if it's a global problem... where are all these rich people coming from? Even if the richest 10% of the global population were going around buying three houses a piece, that would still leave 70% of the housing market left over for us plebs.
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Re:The Portuguese can no longer afford to live in Portugal
by rr888 on Thursday September 01, 2022 @12:19PM
(#32678662)
Its not rich people its middle class people with 500k mortgages that no one would take if rates were 5%. US rates have come back up, Europe is slowly started too but full impact isn't yet felt.
https://www.euribor-rates.eu/en/current-euribor-rates/4/euri...