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In Germany official inflation was 1.5% in 2019 but the price of newly built houses and flats increased by 7-9%. This is missing completely in the official infla
by ju-st 6y ago
In Germany official inflation was 1.5% in 2019 but the price of newly built houses and flats increased by 7-9%. This is missing completely in the official inflation numbers of the eurozone: https://www.faz.net/aktuell/finanzen/der-inflation-fehlen-die-immobilienpreise-16667186.html https://www.faz.net/aktuell/finanzen/der-inflation-fehlen-di...
- SpaceRaccoon 6y agoInflation statistics only include the interest payments on mortgages, since the principle is considered recoverable. It's misleading by design.