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High Interest Rates Leave Germany's Housing Market Facing A Wave Of Developer Bankruptcies And Spiraling Costs

When it comes to the European Union, Germany's economy has long been the proverbial 800-pound gorilla in the room — a role that has become even more important since Brexit. That's why economists on both sides of the Atlantic are concerned that high borrowing costs are pushing some of Germany's biggest home builders and developers into insolvency and roiling the country's housing market. For decades, the German economy has ridden the strength of its industrial capability to become one of the worl ....

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