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Originally Posted by 4444
Not even close. you think the north african refugees are buying up real estate? the numbers aren't very big relative to the size of Europe / big cities - you're taking the headlines and confusing them with reality.
also, they're refugees, the average refugee has very little in the way of wealth. they are usually put in social housing.
Stockholm is starting to turn negative now due to things just getting too hot there. The main reasons for housing in major cities in Western Europe going up are: 1) lack of building (city centres are full of 100+ yr old housing with next to no new builds) combined with large scale EU migration (not refugees but free movement of people from places like Spain, Portugal, Italy, Greece, etc.) and 2) fucking cheap money. Negative rates in Europe = stupid cheap mortgages (low 2.x% 5 year)
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Sorry, you're correct. I confused that knight report with a similar report I had seen regarding population change, that report gululu posted is aimed at residential pricing