Land available for development and construction. In times of inflation, experience shows that building land is bought up as a hoarding asset, which reinforces real estate bubbles. – See building land assets, concrete gold, bubble, bubble, speculative, mortgage profit tax, real estate credit constraint, low interest rate policy, project development credit, realities.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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