German Real Estate: bottom's out of the barrel?

[Ian Thomas]

There have been episodes like this in Oz 🇦🇺. "Negative Equity" is where you do NOT want to be. 📉
Saddled with mortgage, lose your job = open road to bankruptcy.
Question is, will the thing spread?

Exclusive: German landlord TAG warns home prices could fall 30% from peak.
(2024, February 7). Reuters.
www.reuters.com/markets/europe/german-landlord-tag-warns-home-prices-could-fall-30-peak-2024-02-07/

[dennisw]

There are also concerns in the commercial property market so many shops, offices and factories are empty. Many have moved online to save on staff, stores, rent, power others have simply moved offshore to countries with fewer restrictions and lower taxes. There are concerns that defaults could cause a major collapse.

www.prophecynewswatch.com/article.cfm?recent_news_id=6677&fbclid=IwAR0DUlfR2gUD-XiyAZrJRzt_HOpESugH2P9p0e5HzV8dGW-_2DNGp7XBYNA