RT @Schuldensuehner
Good Morning from Germany where rate shock is hitting housing mkt. Volume of new mortgages more than halved in Feb2023 YoY. 54% decline is worst on record. Total new mortgage business of €12bn is lowest in >12yrs, does not even take into account inflation https://www.barkowconsulting.com/german-mortgage-lending-more-than-halves/