Will the home costs in europe ever cease going up? : eupersonalfinance

by akoloy

Hello everybody

I do know that nobody is aware of the long run however is it real looking for home costs to maintain going up?

Me and my spouse are actively saving hoping to achieve FIRE in 20 years after which transfer to spain or portugal. Even although its a really very long time to go, i preserve watching realtors on youtube displaying property in spain. A pleasant trying home in a very good location appears to value someplace round 300 – 500k € now. Is it real looking for a similiar home to value 600k – 1 mil € in 20 years? Even if the homes would recognize solely 3%/yr they’d double in value in 20 years. Is that real looking? How are individuals gonna purchase housing if it prices a lot?

Were there occasions the place home costs stoped going up for a very long time and even went down loads? How real looking is that to occur once more?

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