Why are euro interest rates so low? ~2% or lower

[Deleted member 4644]

Can anyone explain that to me? I see they are around 2% or even lower??

 

[ballmode]

goodquestion


blame the queen lol

 

[DaWhim]

shens...

link?

 

[Deleted member 4644]

Er.. the Queen uses sterling pounds.. not euros.

Anyways, that got me thinking... BUY RENTAL PROPERTY IN EUROPE! You can get an ultra cheap (low rate) mortgage and you will get income in Euros! That sounds like a great way to hedge your bets against a falling dollar!!

How could you lose.. esp if the rental income covers most or all of the mortgage?

 

[acemcmac]

think about the national debt...

 

[CanOWorms]

Originally posted by: LordSegan
Er.. the Queen uses sterling pounds.. not euros.

Anyways, that got me thinking... BUY RENTAL PROPERTY IN EUROPE! You can get an ultra cheap (low rate) mortgage and you will get income in Euros! That sounds like a great way to hedge your bets against a falling dollar!!

How could you lose.. esp if the rental income covers most or all of the mortgage?

Lots of European countries have Queens, not just the UK.

 

[Deleted member 4644]

Interest rates

http://www.ecb.int/home/html/index.en.html