It’s news that will electrify many people: real estate prices are falling – more sharply than at any time since the turn of the millennium. The Federal Statistical Office recently reported that houses and apartments were on average more than ten percent cheaper in the third quarter than a year earlier. And in the months before, the data showed big negative signs. For 15 years, it seemed like a law of nature that real estate prices only knew one direction: upwards. Now things are going in the other direction again and the dream of owning your own home is coming back to life.
Real estate prices: Houses are becoming cheaper, which increases inequality – Economy
