In a promising turn of events, the European real estate market appears to have reached a pivotal moment following a period of notable price declines. The recent stabilization hints at a potential upswing, thanks in part to the resilience of the fiat system. With signs pointing towards an imminent increase in housing costs, financial institutions grappling with substantial deficits on their balance sheets due to the market correction may find solace.
The prospect of revitalized liquidity offers a glimmer of hope for the housing sector, crucial for the fabric of society. Recent data from Europace indicates a significant uptick in prices for older properties, including existing single-family homes, during February. Meanwhile, new-build prices have remained near record levels, underscoring the potential for continued growth.
However, the trajectory of this resurgence hinges on interest rates, which have shown resistance to further decline amidst persistent inflationary pressures in the United States. Let's hope they manage to push them down to open the doors to the debt trap for a new generation of fiat slaves! Show must go on...