Renting is again more attractive than buying, but everyone has to pay more
Mortgages cost nearly three times as much as they did a year ago. This makes residential property purchases and rentals more expensive, though not all. But virtually everyone has to fork over increasing additional costs.
“There is a lack of goods, peace, energy and skilled manpower”. So says Donato Sconamiglio. So far, so known. But something else is still missing, namely “money”, as the head and co-owner of the real estate consultancy Iazi said at the Immo-Forum 2022 of the Thurgauer Kantonalbank (TKB) in Weinfelden. Of money? When have central banks flooded the markets with free money in recent years?