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17.02.2023 - Comments

Wealth accumulation remains a major challenge

by Philipp Immenkötter

Asset prices are falling, but wealth accumulation is still not getting any easier. The fall in prices remains just a drop in the ocean for young families and less wealthy households.

This comment is available in German only.

 

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For the second year in a row, asset prices of German households fell on a year-on-year basis. At the end of the year, they were 2.9% lower than at the end of the previous year. This was due to the economic impact and monetary policy responses to risi ...

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