http://ift.tt/1MX3XiF
"Property prices in Copenhagen have risen 40-60 percent since the middle of 2012, when the central bank first resorted to negative interest rates to defend the krone’s peg to the euro. The benchmark deposit rate has been minus 0.75 percent since February as Denmark’s currency war intensified, and most analysts surveyed by Bloomberg see negative rates lasting at least through 2017. Borrowers in Denmark can get mortgages as long as 30 years for about 3 percent, while shorter-term loans carry rates close to zero."
"Property prices in Copenhagen have risen 40-60 percent since the middle of 2012, when the central bank first resorted to negative interest rates to defend the krone’s peg to the euro. The benchmark deposit rate has been minus 0.75 percent since February as Denmark’s currency war intensified, and most analysts surveyed by Bloomberg see negative rates lasting at least through 2017. Borrowers in Denmark can get mortgages as long as 30 years for about 3 percent, while shorter-term loans carry rates close to zero."
[text] In Copenhagen, Apartment Prices Jump 60% After Rates Go Negative - Bloomberg Business
