According to a new study, the European Central Bank’s quantitative easing program runs the risk of causing a property price bubble in several countries due to investors putting money into real estate. The report to by Moody’s Analytics says that the UK, Norway and Germany are most at risk due to continued low interest rates
More Germans are Spending Money on Houses
April 2, 2012 by
In spite of the European debt crisis, Germany is doing relatively well as just 6.7% of the population are unemployed, which is the lowest level since 1990. Most of the population are feeling pretty confident about their future, and consumer spending increased by 1.5% last year, and is predicted to reach similar values this year.
