[quote=carlsbadworker]You are again using historical examples to predict future. Interest rate could rise not because of inflation, but because no one is willing to lend us money. I don’t believe Greek inflation ever topped 3% in recent years.[/quote]
If we get to that point, I think there are many more things to worry about then buying a house or house price dropping. Isn’t Greek unemployment really really high? What good is a low price if you have no job to pay for it?