More and more Germans are thinking about moving to the countryside. This is the result of a recent online survey of 1,000 respondents conducted by Innofact AG on behalf of ImmoScout24. The online survey shows that two out of three respondents (63 percent) have already toyed with the idea of moving to the countryside. Men (66 percent) are more likely to be drawn to a rural region than women...
Students have to dig deeper and deeper into their pockets for their shared room. The average cost of living is currently 414 euros per month. Previously, the average room price was between 389 and 400 euros per month. Munich is at the top of the list when it comes to the price of a room in a shared flat: In the Bavarian capital, students currently pay 680 euros per month for a room in a shared flat.
Re-letting rents for advertised apartments in existing properties rose by 3.5 percent in 2021 to an average of €9.29 per square meter. This is according to an analysis by the Federal Institute for Research on Building, Urban Affairs and Spatial Development (BBSR). However, the BBSR found considerable differences between the cities. The highest re-letting rents are in the cities...
Over the past 150 years, real estate in large cities has yielded lower returns than real estate in smaller cities. This is according to "ECONtribute Discussion Paper No. 31", published by a team led by economist Prof. Dr. Moritz Schularick, member of the Cluster of Excellence "ECONtribute: Markets & Public Policy" at the University of Bonn. The team not only examined...
62% of consumers fear that the rise in energy prices will place a heavy burden on them. This is the result of a survey conducted by Kantar on behalf of the Federation of German Consumer Organizations (vzbv). Furthermore, according to the survey, 71% of consumers do not want electricity or gas to be cut off to insolvent customers on low incomes by the end of April 2022. In the telephone survey...
Despite the sharp rise in real estate and land prices, Germans are still happy to invest in their own home and the number of loan agreements remains "at a consistently high level". This is the conclusion reached by ING Germany on the basis of the Baufi-Barometer. Based on the question "How does Germany finance", the construction financing data of ING customers was analyzed on an anonymous basis....
In a study, the owners' association Haus & Grund Deutschland found that rents became more affordable for wage earners between 2015 and 2020. For the study, the owners' association compared, among other things, the increase in wages with the increases in existing rents and new contract rents. While wages increased on average during the survey period...
Real estate investors in Europe want to make their real estate portfolios more sustainable in the future. In Germany, 73 percent of the real estate investors surveyed plan to invest in the sustainable refurbishment of their portfolios, in France the figure is 72 percent and in the UK 57 percent. In addition, it is also important to them that the properties have a corresponding sustainability certificate.
The Immowelt Group has compared the asking prices for existing apartments with 40 to 120 square meters in 78 major German cities with those of the previous year. The result is that owners will have to pay up to 31 percent more between 2020 and 2021. The most significant price increases were recorded in smaller cities. In Erfurt, the price per square meter for...
According to project developers and property owners, tenants want fast broadband internet for working from home (58% and 57% respectively), larger apartments (42% and 51% respectively) and apartments with study rooms (42% and 46% respectively). These are the findings of the study "Future Living - Outlook 2022. Housing trends of the future" by business and consulting firm PwC Germany. The study, for which...
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