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Berlin housing market in ‘serious danger’ of becoming a bubble, Soros warns

Posted on 12 September 2012

Billionaire investor George Soros said Berlin homes are at risk of becoming overvalued because demand is being fuelled by buyers seeking a safe place to put their money amid the European sovereign-debt crisis.
“You have a serious danger of a housing bubble developing in Berlin,” he said at a panel discussion Monday in Berlin. “It has a lot to do with the flight of capital and negative real interest rates.”……………………………………….Full Article: Source

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