Similar prices here in Prague... I think that the reason is similar to why stocks have appreciated so much - long-term interest rates have dropped as a result

Similar prices here in Prague... I think that the reason is similar to why stocks have appreciated so much - long-term interest rates have dropped as a result of QE. What central banks usually do is that they buy short-term bonds to affect short-term rates. QE means that they buy long-term bonds to affect long-term rates.