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Regions of Germany with the highest ratio of annual rent to purchase price of real estate – The Housing Atlas 2020
In June, Postbank and the Hamburg Institute for International Economics conducted the Housing Atlas 2020 study. Analysts calculated how many annual rents are required to be paid in different regions of Germany to spend a total amount equivalent to the…
Homes in Germany are getting bigger, despite the housing crisis
Despite the fact that there is an acute shortage of housing in many German cities, the actual size of units, according to new data from the Federal Statistical Office of Germany (Destatis), had increased in size. Noteworthy, despite the fact that over…
German Economy is Expecting a Major Recovery
In an updated economic outlook prepared by The Institute for Economic Research (IFO), a research center based in Munich, it is confirmed that the German economy is to suffer a possible decrease reaching as high as 6.6% in 2020 due to the COVID-19 outbreak,…