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Non-Tech : Investing in Real Estate - Creative Opportunities
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To: gcrispin who wrote (2198)4/4/2014 12:13:01 PM
From: John Vosilla   of 2722
 
Interesting. Wondering how Frankfurt, Berlin and Munich home prices are now relative to incomes? Just guessing as I didn't peek on google yet but Berlin maybe is still affordable but the others aren't?. Some cities in this country like Denver and Houston hit new highs but many areas there are still quite affordable especially with these low rates and high incomes of the area. But then go to the SF Bay Area and some others along both coasts and prices are so out of reach unless you are a plutocrat these days. Is quite scary but do you think the central bankers and political leadership planning our future globally realize what they are really doing to neighborhoods and families by distorting things so much? Or maybe they don't care as they strive for full employment in a so called low inflation environment? Ownership society 2004-06 worked out so well for the believers..
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