Commodity prices and the real estate market: impact on investments
The Construction Price Spiral as a Challenge for the Real Estate Market – Discussion Contribution by Daniel Slenters, Managing Partner of ETERRA-Group from Magdeburg. The real estate market, once a haven of stability, is now facing turbulent times. Prices for building materials have increased significantly in the first half of the year. Cement alone has become 41.7 percent more expensive, according to the Federal Statistical Office. The consequences are drastic: The Federal Association of Independent Real Estate and Housing Companies (BFW) warns of a construction crisis of historic proportions. Dirk…
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