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> Jokes aside, why the prices are so high in some countries? Prices of all assets has skyrocketed in the last few years. Part of the blame for that is speculat
by throwaway3b03 5y ago
> Jokes aside, why the prices are so high in some countries?
Prices of all assets has skyrocketed in the last few years. Part of the blame for that is speculated to lie on the ZIRP (Zero interest-rate policy). Real estate all throughout the developed world has seen a lot of money going into it, as has the stock market as well.
Most people agree everything is overinflated right now and a correction will come, but that sentiment has been around since around 2016. I don't think a violent crash will come without another event to cause it, but I wouldn't be surprised by a plateau or a stagnation in prices for a few years.