Europe’s Low Bank Deposit Rates Could Lead To New Real Estate Boom

06.25.2014 By Florentina Dragu

The low interest rates on bank deposits across Europe could prompt depositors to move their money into real estate assets, which in turn might lead to a new speculative property bubble, Romanian central bank governor Mugur Isarescu said Wednesday.

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Keywords:
ISARESCU
, INTEREST RATE
, EUROPE