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Real estate is one of the foremost important sectors within the economy. The affordability of land and rental prices and changes in those prices have an immediate impact on the wealth of property owners and tenants and their consumer spending. Therefore, the event of rents and property prices isn't only followed closely by private households that wish to vary their housing situation or decide to invest, but also increasingly by the central banks. Housing prices are a critical thing about consumer spending and play a crucial role in price developments.