How will the real estate market develop? Is it worth investing in your own property now? Will prices remain in the basement or will they rise again soon? These are just some of the important questions that the business magazine “Capital” asked the economist Prof. Dr. Michael Voigtländer from IW directed. His opinion: The prospects for buyers are not as bad as one might think at first glance. Quite the opposite: especially in major cities, it can be assumed that demand will exceed supply in the coming years. This constellation alone promises increases in value or at least retention of value. The bottom line is that the timing is right.
Comment from Julia Thamm
Just like every market, the real estate market also has ups and downs. The interest rate turnaround in Germany has led to conditions on the market that have not existed for a long time and, at first glance, have clouded the view of purchasing real estate. But one thing is certain: If you look at the broad lines and long perspectives, and this includes, for example, the demographic development, especially in our metropolises, purchasing a property as an investment or for personal use is the right step, especially at this point in time. Because: With the current normalization of the inflation rate and interest rates falling again, real estate prices will also rise again. The “leap into owning your own home” – as Prof. Dr. Voigtländer said – it’s worth it.
Branch manager
d.i.i. Homes RheinMain