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 is available to the Handelsblatt in advance, shows the consequences for all 400 German rural districts and cities.
A study by the Institute of German Economics (IW) for the Association of Sparda Banks suggests that Germany's housing market may not experience a significant decrease in prices due to the demographic shift, contrary to the notion of a "Silver Tsunami". The study analyzed 400 German districts and cities, finding that while many older homeowners may sell their properties, there are not enough young buyers in many rural areas to meet the potential supply.
In metropolitan areas like Berlin, Hamburg, and Munich, however, there are many more potential young buyers than older sellers, which could keep prices stable. The study's authors conclude that the demographic shift will not lead to a uniform decline in housing prices across Germany.
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.
