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02.10.26 - 08:09
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Europe′s Housing Crisis Is An Immigration Crisis, Berlin Data Confirms (ZeroHedge)
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Europe's Housing Crisis Is An Immigration Crisis, Berlin Data Confirms
Via Remix News,
In a system that rejects mass immigration, the population can fall, opening up room for cheaper housing, lower rents, and even an increase in the birthrate.
Across the West, native Europeans are dying out but rental prices continue to go up every year. While the left would like to point the finger at capitalists and greedy landlords, the primary factor driving the housing affordability crisis is mass immigration.
Berlin is a prime example of this trend, as German journalist and author Jens Winter pointed out on X using clear population and housing data.
"Rental prices on the market have more than doubled in Berlin since 2011 - plenty of money for corporations. But where is the increased demand coming from? While the native population of the capital has declined by 260,000 since 2011, the number of foreigners and people with a migration background has risen by 650,000 over the same period. That means: W...
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01.10.26 - 22:48
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"Showings Have Stopped": Housing Market Freezes As Mortgage Rates Soar To 7.28%, Highest In 3 Years (ZeroHedge)
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"Showings Have Stopped": Housing Market Freezes As Mortgage Rates Soar To 7.28%, Highest In 3 Years
The American dream has never been more out of reach.
Mortgage rates posted their largest increase in four years this week, one of the clearest signs of how the recent bond-market selloff is spilling into the broader economy - if not memory and chip stocks which continue to trade entirely on the highly efficient circular financing and junk bond markets.
30-year fixed-rate mortgages rates surged 25bps in one week, to 7.28% from 7.03%, the biggest jump since October of 2022, according to Freddie Mac.
Mortgage rates have risen to the highest since November 2023 as inflation, a surge in government debt and heavy corporate borrowing for the build-out of AI (not to mention the latest European sovereign debt crisis) push up bond yields. The recent sharp selloff in the bond-market has risen borrowing costs for home buyers and dealt a blow after blow to a limping housing market.
“Showings have...
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