1Yr
By the way, there is an inverse relationship between home ownership and GDPpP. The poorer a country, the more home ownership. On average, I am a private tenant, but I keep my eyes open. My limit for purchase price is 20 annual net cold rents. For this, however, the real estate would have to become 50% cheaper at present.
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@Epi Am curious if the real estate market will erode that much.
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@Epi This is the supreme discipline in the real estate business. The way I see it, with interest rates possibly falling soon, things are threatening to get worse again with prices.
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•1Yr
@BASS-T The majority expects interest rates to fall soon. I somehow don't see that, at least not in the next 2 years. Inflation is just too high, core inflation is even rising. The wage effects are just kicking in in about 12 months. If one looks at the 70's, we will have to do until approx. 2030 with high inflation and/or Inflation'swellen. There it becomes still colorful with real estates! Particularly since so 2027 the large collapse under the Boomerkinder arrives. Vacancy plus high interest rates plus political pressure = (can you think)!
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