Chart courtesy ZeroHedge.
If ever there was a chart that screamed bullish EU it’s this one. Remember the average interest rate for a home loan in Central Europe is now is 3.3%.
And as the Euro get’s cheaper this can only go up… The next 6 months are the last cheap days in my opinion..
In a related post i made the case that the Costa del Sol region of Spain that was decimated in the bubble fallout has now completed it’s cycle and has begun an uptrend. http://signalinea.com/5-reasons-why-now-is-the-time-to-buy-costa-del-sol-spain-property/
The best charting teacher I know: