21.06.2011 - Germany's property renaissance
Fancy buying a house in Germany? Institutional and retail investors are flooding back to a market that was briefly fashionable during the boom. House prices have soared in some of the biggest cities. Berlin prime residential property prices are up 17% since October; in Frankfurt, 15%. But investors should be wary: This is a highly localized market. In theory, the case for German residential property is compelling: Although the population is shrinking, household formation is rising..............................................Full Article: Source
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