3Things: Inflation tops 17%, mortgages tumble 60%, Donashop dead

The Czech mortgage market is in freefall. A year ago, with loan rates around 2% and residential values continue to leap in value, it seemed foolish not to buy a flat. With mortgages now coming in at over 6% and prices beginning to slip (at least in Prague), common sense dictates otherwise. Hospodářské noviny spoke … Continue reading 3Things: Inflation tops 17%, mortgages tumble 60%, Donashop dead