Real Estate: Baby Boomers Are Selling Their Properties – What This Means for Prices
The houses of the high birth years could soon come onto the market. A study, which has been made available to the Handelsblatt in advance, shows the consequences for all 400 German rural districts and cities.
In Germany, affordable housing is scarce, especially in large cities. However, experts believe that demographic changes could partially alleviate the issue in the coming years. As the baby boomer generation retires and their children move out, their properties may become available on the market, a phenomenon referred to as the "Silver Tsunami". A study by the Institute of the German Economy (IW) for the Sparda-Banks association analyzes the potential impact on housing prices in all 400 German districts and cities.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
