Interviewer: Hello, Mr. Dehne. We are pleased to have you here today to talk about the current situation and the development of the real estate market in 2024. The market is currently experiencing a high number of bankruptcies, affecting both large investors and private individuals. How do you assess the situation and the reasons for it?
Birger Dehne: Hello, and thank you for the invitation. The real estate market in 2024 is indeed facing major challenges. The bankruptcies are a sign that the market is going through a correction phase. Two main factors play a decisive role: increased interest rates and restrictive lending by banks. These developments make financing more expensive and make access to credit more difficult, which is particularly problematic for smaller investors and private individuals.
Interviewer: What impact does this have on the market and prices?
Dehne: The higher costs of loans and the difficulty in granting loans are leading to a cooling of the market. We are already seeing that property prices are no longer rising as much as in previous years. In some regions there are even price drops. In the long term, this could lead to a shakeout in the market, with only the most stable and sustainable projects surviving.
Interviewer: What advice do you have for investors and private individuals who want to invest in real estate?
Dehne: My advice is to be very careful. It is more important than ever to carefully examine investments and not act hastily. Investors should focus on solid and sustainable properties and take a long-term perspective. It is advisable for private individuals to only invest in real estate if they have secure financing and are aware of the risks.
Interviewer: Do you also see opportunities in the current market situation?
Dehne: Yes, absolutely. Crises always bring with them opportunities. For experienced investors who have the necessary funds, interesting buying opportunities can arise as some properties have to be sold for less than their value. Focusing on sustainability and energy efficiency can also represent an opportunity for the market in the long term.
Interviewer: Thank you, Mr. Dehne, for your assessments and advice.
Dehne: Gladly. It is a turbulent time for the real estate market, but with the right strategy both challenges and opportunities can be taken advantage of
2023-12-29 16:22:35
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