By Dr. Rainer Zitelmann on 2014/07/22Time and again, in this publication, I have voiced my concern that the irresponsible policy of the central banks will generate bubbles clear across asset classes. The other day, I cited the examples of government bonds in one of my commentaries. The rate of return on Spanish ten-year bonds is now the lowest it has been since 1789 – and […]
By Dr. Rainer Zitelmann on 2014/07/08Is it a good thing or a bad thing that the rent freeze will possibly enter into effect not on 01 January 2015 but six months later? It depends, of course, on the angle you take, and above all on the question what sort of stake you have in the matter. Landlords will see it as an opportunity to use the few extra months left for raising rent rates in their residential housing stock.