Housing in Germany grows more expensive than ever

Housing in Germany grows more expensive than ever

The cost of buying a home or renting an apartment in major cities in Germany is rising sharply, the central bank warns. That's how the crisis in the US, Ireland and Spain began. Is Germany next?

http://www.dw.de/housing-in-germany-grows-more-expensive-than-ever/a-17181528

Global Germany’s Central Bank Warns of Local Housing Bubbles

10:47 am ET
Oct 21, 2013
Global Germany’s Central Bank Warns of Local Housing Bubbles

Germany’s central bank, the Deutsche Bundesbank, sounded an alarm Monday, warning that urban real estate in the country could in some cases be significantly overvalued, against a backdrop of low interest rates.

http://blogs.wsj.com/economics/2013/10/21/germanys-central-bank-warns-of-local-housing-bubbles/

Possible overvaluation of residential property in German cities

Frankfurt am Main | 2013-10-21
Possible overvaluation of residential property in German cities

Housing prices in German cities have been rising so strongly since 2010 that a possible overvaluation cannot be ruled out. This is the finding of an article contained in the Bundesbank’s most recent Monthly Report. According to this article, there are no signs of substantial exaggerations in the housing market as a whole. Nevertheless, price rises have been observed in urban centres, in particular, which “are difficult to justify based on fundamental factors”, the Bundesbank says.

http://www.bundesbank.de/Redaktion/EN/Topics/2013/2013_10_21_possible_overvaluation_of_residential_property_in_german_cities.html

German Home Boom as Europe Stagnates Set to Hurt Merkel

German Home Boom as Europe Stagnates Set to Hurt Merkel
By Dalia Fahmy
May 28, 2013

Taxi driver Michael Ruedor lived for 20 years in a downtown Berlin apartment close to Checkpoint Charlie before rising rents forced him out.

http://www.bloomberg.com/news/2013-05-27/german-housing-boom-as-europe-stagnates-may-hurt-merkel-at-poll.html