% | $
Quotes you view appear here for quick access.

Exxon Mobil Corporation Message Board

  • hansesteelyard hansesteelyard Feb 17, 2013 10:52 AM Flag

    Deutschland über alles - real estate


    Target allocation: 61.5%
    UK target 5%
    cash euro funds target: 35%

    "Our review of price and affordability measures in euro area residential real
    estate markets has shown that adjustment from past overvaluation is far from
    complete in most markets and will weigh on economic activity and banking
    sector health for years to come in most countries. The exception is Germany,
    where fundamental values remain at historical lows despite some price
    increases in recent years. Given Germany’s status as a safe haven in Europe
    for investors and in view of Germany’s likely economic outperformance of other
    European countries we envisage further price gains in the German real estate
    market. Prices are likely to rise fastest in cities with more than 500,000
    inhabitants." - "Euro area property prices:
    Germany versus the rest," Deutsche Bank Research, Frankfurt am Main
    Germany, 2012.

    The German real property sector is marked by very low and declining use of mortgage finance for more than a decade, and a high level of rental property ownership by high net worth individuals...

    This topic is deleted.
94.01+0.16(+0.17%)Jul 22 4:00 PMEDT