MeanTechnology

https://www.lemonde.fr/en/economy/article/2023/03/18/european-real-estate-caught-in-the-variable-interest-rates-trap_6019810_19.html

ECB raised to 4.5% coming into force 20.9.2023 and signalled end of policy tightening.

I think there is a benefit of more flexibility of financial policy when fixed 30 years morgage isn't an option.

https://euroweeklynews.com/2023/06/12/property-pursuit-american-property-giant-berkshire-hathaway-announces-expansion-in-spain/

I'm a homeowner and own a massive villa, so I'm on the winning side.

But I just saw an arguably massively upgraded attic property in an old town sold for 10k m2. It would have been under 3k m2 three years ago. And regardless of the level of updates, above 4k m2 would have been unthinkable.

https://www.surinenglish.com/spain/spains-inflation-falls-below-20230630160923-nt.htm

I wonder what ECB does in long term when it comes to euro rates.

There is real change that raising rates to level that would push inflation to 2% level in Baltics would probably cause deflation here in Spain, Portugal and maybe France as well.

I've never agreed with Lindsey Graham before but he is right Money well spend. I'd recon we should start compensating Ukraine per Russian head. For that I be happy to pay.

https://www.news.com.au/world/lindsey-graham-russians-are-dyingbest-money-weve-spent/video/c31ef6c0a2dc7b1a3d97de1e5aa25957

https://www.cnbc.com/2023/05/19/fed-chair-powell-says-rates-may-not-have-to-rise-as-much-as-expected-to-curb-inflation.html

JPOW said rates don't have raise as much as initially expected to battle the inflation

I wanted to get advice from those who have done it. I moved to the South of Spain and loved the lifestyle here. We are still renting(I sold my home in Netherlands) but looking to buy here. We have already found schools and daycare and made some friends, so the area where we are looking is pretty locked down. We want to buy a forever home because even if we move(only will if we have to due to work or similar), we would keep this forever as a holiday location.

Unfortunately, that area we are looking at has very few kinds of houses we want in a suitable price range. We have viewed about ten places plus checked another 100+ online and disqualified.

Out of those, there are two potential homes o