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The effect of the European Central Bank's monetary policy on the real estate market in Germany
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The paper explores the impact of European monetary policy on the real estate market, particularly in Germany, where property prices are steadily rising across both popular and less sought-after regions. It highlights the European Central Bank's long-standing low-interest rate policy and its purchase programs, initiated during the financial crisis and pandemic, which have influenced investment choices. The analysis suggests a correlation between monetary policy and real estate price trends, noting the risks of an overheated market potentially leading to financial instability.
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2021, paperback
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