Beyond the political and economic fallout of the Greek debt crisis and turmoil in the government bond markets in Europe, real estate investors are pondering the implications for the property sector.
A new report by CB Richard Ellis – which considers whether increases in government bond yields in a number of European countries will negatively impact property market recovery – suggests that the measures taken to restore public finances have the most potential to impact the real estate sector in the short to medium term, but that these impacts are more remote than might be expected and most likely to affect secondary property rather than prime.
Source: propertytalk Live!.