Wednesday, June 29, 2022

Story Over Real Estate

 Interesting real estate article on Focus, which I'd recommend.

Blunt forecast?  Over next 15 years.....over most of Germany, a downward trend on prices.

About 15 areas that might be on the gain, but the other 300-odd areas....loss of pricing.  

Where I live (Wiesbaden)....probably a 15,000 Euro downward trend expected.

Area that seems to be on the upswing?  Bavaria.....appears that more than half of the state is going to see positive numbers for another decade.  

Same story for Berlin and Brandenburg.  

I'd recommend a read.  It'll be a shock to some where this next decade is taking property values.

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