• Germany tightens mortgage lending to reel in soaring housing prices

    13 days ago - By The Real Deal New York

    Germany, the only nation with two cities identified as most at risk to a property bubble, will put the squeeze on mortgage lending over mounting concern that booming housing prices pose a risk to the economy. The move, by the nation's Federal Financial Supervisory Authority, comes as the European Central Bank drags its feet about raising interest rates, fueling a speculative property frenzy across the continent, the Wall Street Journal reported. Housing bubbles have led
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