THE COLLAPSE in Real Estate Is Going ANOTHER CIRCLE

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  • Опубліковано 25 сер 2024
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    High interest rates and reduced demand for commercial offices caused by remote work caused a crisis on the real estate market, which, however, was partially alleviated by the growing interest in energy-efficient buildings. In Sweden, a technical recession and an increase in vacancy rates have worsened the situation for developers, but government programs supporting the construction of affordable housing have provided some relief. The German real estate market has experienced significant price fluctuations, especially in regions such as Erfurt and Düsseldorf, but mortgage subsidy programs have partially mitigated the negative effects of the crisis. Limited availability of building land and difficulties in obtaining building permits may result in a reversal of the current downward trends in real estate prices in the future.
    #real estate #germany #sweden
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