Due to inflation and the associated devaluation of money, there is a great need for a crisis-proof investment. Those who can afford it, invest in real estate. But here too, prices have steadily risen in recent years. Can it continue like this in the future? “There is currently a slight trend reversal in the market,” said real estate expert Michael Toms in krone.tv’s live conversation with Jana Pasching. A lot can happen here in the coming months. His advice: “Anyone looking for an apartment should slowly start keeping a close eye on the market.”
“Since April, we have seen in the project business that real estate development projects are being halted or delayed. That has to do with the many crises that currently affect us and in all areas of life,” says Toms. It is to be expected that sooner or later this will also be felt in the real estate sector.
However, investing in real estate makes sense for long-term wealth building and is also possible with smaller assets. In principle, there is nothing wrong with that, “provided you perform the correct calculations”.
What to look for when buying a home, whether homes will still be affordable in the future and other exciting details can be seen in the video above.
We explain what everyone is thinking about right now: the latest news conversations with politicians and experts.
Source: Krone
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
