The situation on the real estate market will soon turn into an economic collapse, the likes of which we have not experienced in the Czech Republic for thirty years. It follows from the knowledge of companies operating on the market. What leads to such a conclusion? A few years ago, many companies, developers, borrowed billions … Read more
NOSModel of residential tower Mirador Apeldoorn, which will not be built for the time being NOS News•today, 11:48 Leanne Kraniotis economics editor Leanne Kraniotis economics editor Thousands of planned new-build homes will not be built for the time being because there are too few buyers. In a year’s time, project developers have removed at least … Read more
The Office of the Superintendent of Financial Institutions (OSFI) recently held consultations on residential mortgage underwriting practices and procedures (Guideline B-20). In an effort to mitigate the risks arising from high consumer indebtedness, OSFI was seeking comments on various mortgage debt repayment measures, including the mortgage rate stress test. To verify the borrower’s ability to … Read more
dwelling Newly built residential buildings stand next to each other in the center of Berlin. For many builders, KfW loans are an important part of the financing. (Photo: dpa) Frankfurt Hardly any home builder can avoid the programs of the KfW development bank. Because the funds are among the few state subsidies for new construction. … Read more
The state supports the education authorities in the construction and renovation of schools with 208 million euros. The funds also come to Freiburg and the district. The district of Breisgau-Hochschwarzwald received 1.75 million euros from the school building grant program for renovation and expansion projects as well as preparation for full-time operation for the construction … Read more
While in eleven of the 21 cities analyzed the number of completed apartments will decrease in 2021 compared to the previous year, building permits will even decrease in 15 of the 21 localities. While between 2017 and 2021 the most apartments will be completed in Frankfurt am Main with 29.2 apartments per 1,000 inhabitants, Duisburg … Read more
At the laying of the foundation stone for the LogIn building on the Ziellenbach site, a relaxed and confident Frank Meyer was seen. You may also experience a mayor these days who is nervous and tight-lipped when things go wrong, like the big canceled committee meeting. For good reason: the future of the city – … Read more
Published: Tuesday, 08/11/2022 13:09 Discussions are currently underway on the pedestrian and cycle bridge in the port of Düsseldorf. This is the bridge that leads from the Landtag to the harbor entrance in the direction of Lausward. To date, the politicians in the city hall are working on the rehabilitation projects of this bridge. The … Read more
Rising interest rates, high inflation and even rising energy prices, which are logically reflected in the prices of works and building materials, have significantly impacted the real estate market since the end of last year. – A few months ago, developers estimated that after last year, when 7,450 new apartments were sold in the capital, … Read more
In the next episode of the Realitní Club podcast, Petra Jansová and Dalibor Martínek of newstream.cz will welcome the richest home developer Dušan Kunovský. He listens to the new podcast already on Monday on newstream.cz and on all podcast platforms. Developers have lost nearly fifty percent of their customers in the past year. In normal … Read more