The rapid increase in interest rates leads to capital costs for buyers, the one acquisition for “old” purchase price level hardly possible. On the other hand, due to the time-lag effect, the production costs for land are on the same level “old” level logged in, the construction costs have risen massively and the leeway in the sales price for project developers is consequently limited. At the same time there is in the rental market […]

Der Artikel The WORLD titled: “Condominiums are currently almost unsaleable” erschien zuerst bei FINANCE RE.