Real estate is on an all time low period. So it doesn't really matter where you put your money to. Since , Berlin is the new hotspot of investors ,go for it. Also you should compare the construction rates , and mobility from your property. Real estate will take up some time to grow , but gradually it will climb up. Amsterdam also has a few rules , which were liberalized recently.
I agree, I think real estate prices are low, probably cant go too much lower. Also interest rates are at historic lows. A house is a long term investment, for me it was a no brainer. Good luck with your house hunt.
I'm sorry to tell you guys that you are so wrong that it is going to hurt you very much.
Again you better not ignore Armstrong. His models have never been incorrect.
Also your logic on interest rates is inverted. Low interest rates means more demand for houses thus higher prices. Interest rates will start rising after October 2015 (the global sovereign debt BIG BANG) which will drive demand for real estate down. Also property taxes will rise because governments are bankrupt and this will drive real estate into the abyss.
Those of you who buy real estate are going to be paupers by 2033 when real estate finally bottoms in price.
Liquidate all real estate immediately and before the BIG BANG contagion kicks off in October.
Quote
Real Estate the Peak is Here
https://www.youtube.com/watch?v=TRZTyaJvOk4
amazingly enough, just last month Martin Armstrong gave an interview where he talks about his sister recently BUYING a house. (Around the 1:09 mark)
I'm not sure why he would allow her to buy a house if real estate is such a bad investment.
Anyway, he does seem to speak a lot of truth and has a good grasp on why the monetary policies of the world are all FAILING.