There's an enormous amount of pressure building up in Germany....for the Berlin federal leadership to devise some regulation to control rental prices. The odds of this happening?
It's an election year, and I would suggest that virtually everyone is 'hot' to show some accomplishment.
What happens after they deliver the 'rental brake'?
I would suggest one of two things:
1. An absolute halt on renovation for apartments across the nation, and it'll be very obvious within the next three years.
2. Some path drilled out to flip public apartment buildings to condos instead.
2 comments:
If the rental is not profitable will be sold on the market, no one can operate at a loss because if some regulatory changes
I would suggest this....if you were standing there in Frankfurt around 1995 with ample cash to buy a 12-apartment moderate (1950s) structure, your retirement and monthly-pay-back would be a fantastic sum today. It'd be a way better investment than stock or such.
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