Bookstar
2020-11-22 17:19:11
- #1
The middle class that actually owns stocks benefits exactly until the big crash comes, like in the year 2000. Then there will be long faces...
I consider this 25% to be a rumor
The numbers come from the federal government and are published via statistica. I consider them credible for now.I, on the other hand, consider the 25% to be significantly understated.
Mine too, but I am not representative.my household could afford MORE house today than we could in 2013
The middle class quite often has investments in stocks, whether through their own portfolio or in funds or certificates. It rarely uses a wider range of financial instruments, rarely has money to buy more when it is cheap, and often is not really affected by crashes in a long-term investment strategy because it can simply sit it out and is not forced to realize book losses.The middle class that actually owns stocks benefits exactly as long as the big crash comes as in 2000. Then there will be long faces...
That often doesn’t help when the companies no longer exist or the price never reaches the all-time high again. And unfortunately, the stock quota in Germany is extremely low.The numbers come from the federal government and are published via statistica. I consider them credible for now. Mine too, but I am not representative. The middle class quite often has investments in stocks, whether with their own portfolio or in funds or certificates. Rarely do they use a wider range of financial instruments, rarely do they have money to buy more when it is cheap, and often, in a long-term investment strategy, they are not really affected by crashes because they can simply ride them out and are not forced to realize book losses.
I am only referring to the house, not the land.I just don't believe that you could afford more. The "sweet spot" between low interest rates & prices was in 2015 – that's long gone. The interest rate cuts since then have been more than offset by price developments. What could be obtained for 120€/m² in 2013 for the property is now allegedly at 310€/m².
That's funny. It only takes one good income year and suddenly the price increase is no longer the determining factor in terms of affordability. Or a cost factor disappears, like a child finishing education and getting their first job... Personal is not statistics.I just don't think you could afford more. The "sweet spot" between low interest rates & prices was in 2015 - that was a long time ago.
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