Effects of Belgian State Bond on Real Estate Market: How Investors’ Choices Impact Housing Projects

2023-09-09 13:12:42

par Emmanuel Vanbrussel
published on Saturday September 9, 2023 at 3:12 p.m. •
3 min read

“The Belgian state has raised nearly 22 billion euros with its one-year state bond, a historic record. “This money is now tied up with the government for a year, which means it cannot flow into the real estate market,” explains Christophe Lejeune of the real estate agency ERA.

Why is this important?

The craze for the State bond has led to numerous undesirable effects which are immediately felt on the real estate market.

L’argument : Christophe Lejeune, manager at the real estate agency ERA, fears that the Belgian real estate market is entering “hibernation mode” because many potential buyers have invested part of their savings in the state bond and are now postponing their real estate projects for twelve month.

“A state bond is less flexible than a savings account : you cannot withdraw the money you have invested. The result is that numerous real estate projects Sont blog

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