Germany: Perfect example how mortgages inflate home prices

Discussion in 'Economics' started by DT-waw, Sep 2, 2011.

  1. Because people don't need to feel safe by buying house because of socialist government system.

    Here in the US, if you lose your job and you still paying rent, you are toast
     
    #11     Sep 2, 2011
  2. That's not what I said in '05 when I sold, then rented. No offense, dumbass. There are bright investors in the US.
     
    #12     Sep 2, 2011
  3. Berlin is the trashcan of Germany, try some other cities in Germany.

    Heck, most people from Germany want even to kick out Berlin out of Germany, so what are you talking about?
     
    #13     Sep 2, 2011
  4. Same if you have a home owned by the bank.
     
    #14     Sep 2, 2011
  5. +1
     
    #15     Sep 2, 2011
  6. if people believed that houses will have to be paid back in full in their lifetime without help of inflation and stimuluses, prices in most places would be 3-5x less.

    great setup for decades of global deflation in housing.

    and heh, just deflation !

    japan scenario reality here and now.

    money printing does not work.
     
    #16     Sep 2, 2011