Are you still renting or already buying? The slightly modified marketing slogan of a furniture retailer from the land of red wooden houses could become a trend in Munich and the surrounding area. The marketing institute, which evaluates real estate prices in the state capital and its often affluent commuter belt, finds that prices have probably peaked. According to old mountaineering wisdom, it can be concluded that the amounts that are called for a roof over your head must now go down.
However, the golden age of concrete is probably only over for those who already own real estate but are considering selling their house or apartment. Real estate agents around Munich are realizing more and more often that it is no longer possible to sell every house at any price. In the meantime, there are even isolated offers for which there are no longer any interested parties. This is especially true if the house is on a busy street or the apartment does not have a balcony.
For buyers, their own little house in the city or in the surrounding area could unfortunately remain a cloud cuckoo land. The reason for this are the rising interest rates for construction loans, which quickly pulverize the falling prices. The realtors agree that anyone who could have afforded their own home at an interest rate of 0.8 percent would be out with interest rates of one percent or more. So continue to rent? There is definitely good news here. But read for yourself why the head of the marketing institute of the German Real Estate Association South (IVD) describes the current Munich rental prices as almost “sensational” and where there is still affordable living space in the surrounding area.
THE DAY IN MUNICH
The owner of the watchmaker’s house denies demolition plans Andreas S. uses the opportunity for an explanation for the first time and rejects all allegations. The last tenant of the watchmaker’s house, on the other hand, confirms that pressure was put on his family to leave the house.
70,000 guests want to see the extreme athletes of the Munich Mash After a forced two-year break, the popular extreme sports event is returning. In view of the great success, the Olympiapark-Gesellschaft sees itself as well-armed for a packed summer of events.
When the wrong electricity man rings Economics officer Clemens Baumgärtner recalls the way Stadtwerke Krefeld advertises for customers on Munich’s front doors “of a shirker.” The anger between the cities grows. What the consumer center advises those affected (SZ Plus).
Protest against tunnel connection to the A 99 ring road Activists symbolically sink a check worth billions in the Fischbrunnen – as a protest against an alleged “BMW Autobahn” in the north of Munich.
Where you can fly on rails In the traffic center of the Deutsches Museum you can experience a new type of magnetic levitation train, the “Supra Glider”. Will the invention of the Munich Nobel Prize winner Georg Bednorz also have a place in the local transport of the future?
Suspected car thieves almost fell off the roof of the parking garage The three young men are said to have lost control while “drifting” in a Laimer parking garage. The car, which got stuck with only one wheel about ten meters above the abyss, turned out to be stolen a little later.
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