Thursday, January 20, 2011
Real estate prices rise on inflation threat
The spectre of inflation
"Real estate prices are likewise shooting up, at least in top markets like Munich and Hamburg. Buyers are snapping up properties in the anticipation that prices will go up in the future."
Posted by chrisch @ 05:41 PM (1164 views)
2 thoughts on “Real estate prices rise on inflation threat”
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alan says:
From the article, it seems the ECB accepts higher inflation, with the understanding that it ruins savers.
The only way forward seems buying gold and property, the article advises!
Crunchy says:
1. alan
Of course they do. Contary to common belief, the central banks actually create inflation.
It’s not a conspiracy, it’s true, as with all of my well researched beliefs.