2 ms·
I keep wondering whether negative interest rates and QE have made real estate a very attractive purchase for international investors. I'm trying to track down e
by sprafa 10y ago
I keep wondering whether negative interest rates and QE have made real estate a very attractive purchase for international investors. I'm trying to track down evidence that asset managers have started moving "safe money" investment in that direction to get higher returns than they do from Treasury etc. Which is where that money used to park.
It's too widespread of a problem at this point. lisbon, porto, london and Berlin and many other cities like Vancouver are seeing prices explode.
- kjksf 10y agoPresumably those boogeyman foreign investors are rich enough to buy in cash so interest rates have no bearing on their decisions, especially US interest rates. It's not like Chinese peasants get million dollar loans to buy a property in London or that Russian walks into Wells Fargo and gets million dollar loan for a house, even if he's rich in Russia.