In Western Europe nobody can afford to buy a home any more anyway, old, shitty one-family homes with tragic energy values in the suburbs go for >1 million €, and politicians and some academics alike are pushing to convince people renting is the new standard, and nobody should want to own a home any more. This trend makes me vomit.
Spain’s number is fake af. Yeah, maybe if you add empty Spain, but the places where people actually want to live have increased prices between 50% and 100% in 5 years.
Nice chart, I’m always sad the UK isn’t in these, thanks Brexit!
Interesting stats. If I look at prices in our area in Ireland, the price for identical houses has gone up by closer to 40%. It’s definitely significantly way more than 8% countrywide
There are countries where prices are dropping? How?
Romanian numbers certainly feel incorrect. Average inflation in that period was ~8%. Real estate prices went up by at least 15% on average per year.
Nice but that’s just change, how much is the housing prices (compared to a local median salary of course)? Percentual changes only mean something if we know what they are a percentage off.
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In Western Europe nobody can afford to buy a home any more anyway, old, shitty one-family homes with tragic energy values in the suburbs go for >1 million €, and politicians and some academics alike are pushing to convince people renting is the new standard, and nobody should want to own a home any more. This trend makes me vomit.
Spain’s number is fake af. Yeah, maybe if you add empty Spain, but the places where people actually want to live have increased prices between 50% and 100% in 5 years.
Nice chart, I’m always sad the UK isn’t in these, thanks Brexit!
Interesting stats. If I look at prices in our area in Ireland, the price for identical houses has gone up by closer to 40%. It’s definitely significantly way more than 8% countrywide
There are countries where prices are dropping? How?
Romanian numbers certainly feel incorrect. Average inflation in that period was ~8%. Real estate prices went up by at least 15% on average per year.
Nice but that’s just change, how much is the housing prices (compared to a local median salary of course)? Percentual changes only mean something if we know what they are a percentage off.
Edit: Now [this](https://ec.europa.eu/eurostat/databrowser/view/tipsho60/default/table?lang=en&category=tips.tipsho.tipsho_a) is what I’m talking about.
Edit2: It’s really not. Chruchill was right statistics have made lying redunant.
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