Topic

Yields squeeze German property buyers

8m

Rising bond yields and high construction financing rates squeezed Germany’s property market, sharply reduced buyer demand and left developers and large investors facing mounting project and transaction risks.

22%
Simply building more houses in a financialised and speculative market will not solve the issue on its own. Among many others, some good resources on this are @jryancollins.bsky.social's book "Rethinking the Economics of Land and Housing" www.progress.org/wiki/ryan-co...
Rethinking the Economics of Land and Housing
A 2017 New Economics Foundation / Zed Books study arguing land is the missing factor in modern economics, and that a land-credit feedback loop between mortgage lending and land prices drives housing u...
www.progress.org
September 17, 2026 at 7:27 AM

Reposted by David Darmofal

12%
US Mortgage Rates Rise to 6.97%, Highest In More Than a Year
www.bloomberg.com/news/article...
US Mortgage Rates Rise to 6.97%, Highest In More Than a Year
US mortgage rates last week climbed to the highest level in more than a year, marking the latest setback for an already sluggish housing market.
www.bloomberg.com
September 16, 2026 at 5:43 PM
22%
But part of the problem is that housing and land are treated as speculative assets and that land ownership is still hugely unequal. Bringing more housing into public or collective ownership is important to make housing more affordable.
September 17, 2026 at 7:27 AM