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The COVID-19 crisis and the German real estate market
Jochen MoebertMarc Schattenberg
Due to the COVID-19 pandemic, uncertainties about the future development of German real estate prices have increased considerably.
Due to the COVID-19 pandemic, uncertainties about the future development of German real estate prices have increased considerably. A global flight to safety should drive prices for residential properties up. In the short-run, the downturn in economic activity, particularly during the first half of 2020, and considerable uncertainty about the future as well as the psychological burden are likely to result in price declines. [more]
“Unity in diversity” – is how the debt and financing structure of Germany’s Länder could be neatly summed up, since there are very significant differences between the regions with regard to both the volume and the type and maturity of the debt. [more]
Of course it is important to keep close tabs on the path of inflation going forward – especially in view of a volatile oil price – and the ECB has spoken also in this context of its “strong vigilance”. [more]
Our forecast of 2% GDP growth in Germany in 2011 is indeed quite optimistic. Moreover, there are two articles in this issue of Current Issues which demonstrate that the financial and economic crisis has not dampened growth potential in Germany. [more]
For the first time in five years Germany is back in recession. Economic output has been on the decline since the second quarter of 2008. The financial markets crisis and the global economic downturn will weigh heavily on growth in 2009. [more]
Happy regions in Germany share many things in common: they all score well not only in terms of life satisfaction, but also with regard to trust in fellow citizens, state of health, unemployment, birth rate and income. [more]