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Munich: Are rents recovering thanks to Corona? Evaluation shows sobering interim results

2021-01-09T07:10:39.519Z


If more people work from home, will the big cities become less attractive? The study of a real estate portal casts doubt on this theory.


If more people work from home, will the big cities become less attractive?

The study of a real estate portal casts doubt on this theory.

  • The rental prices in Munich * also went up in the crisis year 2020.

  • A study comes to the conclusion that

    Corona is

    not slowing down real estate prices in many large cities.

  • Can the willingness to work from home change anything in this development?

Munich - The

corona pandemic has

not changed that: The rents in major German cities rose by up to twelve percent in the crisis year 2020 - this was the result of a current analysis of the rents offered for apartments (40 to 120 square meters) in 80 major German cities immowelt AG.

And one thing is also certain: Munich remains the front runner in terms of rents.

The asking rents are now EUR 18.60 per square meter - two percent more than in 2019.

Rents in Munich also increased in 2020 - how does the home office boom affect this?

"The ongoing

corona pandemic *

has no noticeable impact on

asking rents,

" reports

immowelt

.

“In more than four fifths of the big cities, square meter prices continue to rise.” Rents would also go up in the surrounding areas of the metropolitan areas - the study has already established this trend: “In view of the increasing home office rates, the attractiveness is likely to increase even further, since those looking for apartments have an option Do not shy away from working from home if you no longer have to commute every day.

The catchment area of ​​conurbations could become even larger.

Rescue the overheated real estate bubble?


Drop in the bucket?



60,000 affordable apartments with 1.47 million inhabitants: inside ... https: //t.co/1cV37gGbBf

- ŦΞΞ 🛸ŦΛŁSϾHΞЯ PŁΛЛΞТ (@Lovefefee) December 9, 2020

In a nationwide comparison, it is noticeable that the

prices for new rentals

in large eastern German cities are still low.

In Leipzig and Dresden, for example, tenants can still find living space at prices below eight euros per square meter.

Munich grows and grows and grows.

Especially with regard to the number of inhabitants.

This brings with it new challenges that should be tackled now.

* tz.de is an offer from the Ippen Digital Network

Source: merkur

All news articles on 2021-01-09

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