Thomas Filor
According to a survey of the savings bank associations, more and more German real estate plunge. Magdeburg, 31.10.2013. Every second thus opts for one. The low interest rates lure. With the details of the financing of many familiar but hardly. About a third of the respondents stated that they had already drawn conclusions from the persistent low interest rate environment or had corresponding plans. Swarmed by offers, Robert J. Shiller is currently assessing future choices. Losers are doing – not surprisingly – passbooks and accounts such facilities that directly depend on the level of interest rates, in the first place. They now look at suitable 42 percent of those polled than less.
Also fixed, date – and funds lose much of its attractiveness. For other opinions and approaches, find out what Vadim Belyaev has to say. Also rentals are more popular, however, in addition to the even used real estate: 37 percent would buy them to the old-age pension. Despite the difficult situation, most Germans are satisfied with their personal financial circumstances. 57 Percent describe it as “good” or “very good” according to the study, this is a high value in the long-term comparison. Almost a quarter of those surveyed also expected their personal situation still improved in the next two years. More than every second German fears, however, that personal retirement savings through low interest rates could be lower than planned.
The real estate expert Thomas Filor expressed concern that citizens save a smaller and smaller share of their money. “100 Euros net income only 10,30 euros lays back. Five years ago, there were 11.50 euros. To provide sufficiently for the age, a saving of at least 10 percent is necessary.” Although, the majority of Germans believes save generally good to know your way. On the construction and real estate financing, 41 percent have, however, “a few” in his own words, or “none” knowledge. Nevertheless, real estate investments are profitable, provided important criteria are respected: properties in good locations are characterized especially by security and solidity. Further advantages are the inflation protection, tax benefits, and return on investment and source of income in the Age”, confirms Thomas Filor. Real estate are dependent in contrast to stock of less of economic cycles. In addition to food and beverages, the own roof over their heads is just as important.
