Germany’s Favorite Hedge Against Inflation? Real Estate

Bloomberg/Washington Post, March 29, 2022–Chris Bryant
Germans are already predisposed to worrying about inflation. So we’ll likely see more Germans plough spare cash into housing, evocatively known here as Betongold–or concrete gold–for its supposed value-retaining qualities. But another vivid German noun Torschlusspanik–fear that a gate is about to slam shut–sums up the current mood.