Living space in large cities remains in demand - but at the same time, supply is becoming increasingly scarce. Owners who want to sell or rent out their property are benefiting from high demand, while prospective buyers are faced with rising prices and limited supply. How is the market developing and what opportunities are there for property owners?
Why living space remains scarce
The combination of rising construction costs, stricter building regulations and limited space in metropolitan areas means that new construction projects are only being realized slowly. At the same time, the population in large cities continues to grow, which increases the demand for living space.
Price trends in popular cities
In many major cities, real estate prices have risen continuously in recent years. Centrally located apartments and renovated old buildings in particular continue to fetch high prices. Property owners thinking about selling can benefit from this trend.
What alternatives are there?
As living space in city centers is scarce, peripheral locations and well-connected medium-sized towns are becoming more attractive. Owners in these regions can benefit from the increased demand, while buyers often find even better prices here than in the metropolitan areas.
Conclusion
The housing shortage in large cities will remain a key issue in the coming years. Owners currently have excellent opportunities to sell or rent out their properties at a profit. Anyone wishing to buy, on the other hand, should take care of financing early on and consider alternative locations.
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