Housing investment in the euro area has been less affected by monetary policy tightening than in the United States, as mortgage markets are less leveraged and securitised.
#EconomicBulletin shows how monetary policy affects the housing investment outlook https://www.ecb.europa.eu/pub/economic-bulletin/focus/2023/html/ecb.ebbox202303_01~97644cdc95.en.html

🐦🔗: https://n.respublicae.eu/ecb/status/1658752449845264387