Zinspolitik ade! Wie man Immobilienpreisblasen dennoch überstehen kann

After the financial crisis, some Euro countries are still facing major economic problems. They require favourable interest rate conditions in order to free themselves from their difficulties. But due to the low interest rate policy of the ECB, the risk of a housing price bubble in Germany is increasing. Since a rise in interest rates is not expected in the near future, other national institutional possibilities come to the fore. High capital ratios of both the borrower and the banks, and long rate fixation periods may counteract the development and impact of price bubbles. This might improve the stability of the German real estate market. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2014