World News@lemmy.worldEnglish · 11 months ago

German property prices plummet as housing bubble bursts

www.telegraph.co.uk

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German property prices plummet as housing bubble bursts

www.telegraph.co.uk

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World News@lemmy.worldEnglish · 11 months ago

German property prices plummet as housing bubble bursts - latest updates

www.telegraph.co.uk

House prices in Germany dropped by a record 10.

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11 months ago
If interest rates went up, crippling demand for new housing, this is a temporary “burst” at best. Their economy is in the trash can right now, and that means demand is artificially low.

The second their economy rebounds they’ll be back in the same situation.

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