in Front of the Corona pandemic were areas of the German real estate prices especially in Metropolitan areas for years, massively increased. Because the minimum interest rates for Savings drove many investors in the purchase of houses and apartments.
A consequence of this is that could make Large parts of the middle class a real estate purchase in Munich is hardly more – in spite of historically low home loans interest rates. The documents also included a study of the analysis of the house of Empirica for the “Handelsblatt”, the newspaper reported.
M unich and Frankfurt/Main almost prohibitive
The Empirica-real estate professionals identified your data, on the Basis of the bid prices for 60 to 80 square meters of housing, and the statistical net household income. The imputed monthly Rates include interest costs as well as repayment. The allows you to set the repayment amount, the loan to 30 years to pay off.
- Ale information about the Corona-crisis in the Live Ticker of FOCUS Online
According to the results of buyers in Munich and had to spend when buying a new apartment in the year 2019 49 percent of your monthly net household income. Only Frankfurt am Main comes with 48 percent in the vicinity of this value. In third place is Berlin, if the determined 42 percent show a significant distance.
At the lower end of the Rankings Chemnitz is located. Here, buyers need to spend only 15 per cent of their net household income on the own four walls. That is to say: Here it is the by of earners in the lightest, to acquire real estate property.
share of Rent and loans for new buildings in percent of the available household net income
in view of the sharp rise in real estate prices can find: Rent burden on household Budgets in two-thirds of the surveyed 17 cities in less than Buy. In Bonn, Chemnitz, Duisburg, Hannover and Leipzig it looks exactly the other way around. the Here buyers calculator benefit of tenants.
The table displays in the two left columns, how strong the Rent from 2009 to 2019, are increased in proportion to the average net household income.
The two right-hand column, indicate how much per cent of the average household has net application income, a buyer for the financing property in the said city.
Empirica red: the three most expensive places, green: the three best; status: in 2019, So you Finance your home, Our PDF guide shows you how to find cheap loans, pitfalls to bypass and get money from the state.To the PDF guide
Lower interest rates in the height
understatement is Almost always The price increases in the cities studied was about years higher than the Savings Rates, thanks to favorable interest rates.
This is particularly the case for Düsseldorf. In 2009, a apartment cost in the North Rhine-Westphalian capital in the average of six household annual income. By the end of 2019, has doubled the value almost. Real estate Atlas 2020
In this PDF guide you will find everything that is Important to the topics of rent, the purchase price for condos and houses in 100 cities.
PDF guide
Corona-crisis on the construction sites is noticeable
In recent years, the construction industry had experienced a Boom, with partly double-digit growth rates. The order books are well filled, but the Corona-crisis on the construction sites is noticeable. The main Association of the German construction industry (HDB) expects that the sales will stagnate this year at around 135 billion euros. While the housing demand is more high, collapse of the jobs in the private and public construction. Also hygiene measures on the site, such as spacing rules, and staggered layers, as well as the lack of manpower in subcontractors to do the work not easier. Donald Trump leaves in small steps, the stage and fueled speculation to FOCUS Online/Wochit Donald Trump leaves in small steps, the stage and fueled speculation of
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VAT is reduced from July: How to take advantage of it and money
save decided The Federal Cabinet has the temporary reduction in VAT and other components of the economic stimulus package of the government. The VAT should be lowered accordingly, from July for a half year, from 19 to 16 percent, the reduced rate of seven percent to five percent. This is likely to result in an estimated decline in consumer prices of 1.6 per cent. FOCUS Online shows what are the effects, who can now save.
Top Economist: We need to. Worried about our money
make In the Corona epidemic are things possible that previously seemed unthinkable: a Massive economic stimulus programs of the States, practical unlimited help from the Central banks and community credit in the Euro-Zone In an Interview with FOCUS Money, the Economist Thomas Mayer analyzes the Situation and explains what will happen to savers.
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