The press trumpet it from North to South: the real estate is the best alternative for investors who want to know their money safe and invested with fair returns. St. Gallen, 26.08.2013. And sellers of real estate take up this argument and try to inspire people for the purchase of a property. But is this argument really? The fact is: since years capital market interest rates low and extremely favourable conditions of construction financing real estate acquisition is given at least worthy of consideration. Whether as an investment or to the self-interest. But the fact is: seller is trying to sell something to someone.
The price plays only a minor matter and must be somehow appropriate in the sense of the buyer. On a butter drive”is still blankets for (overpriced) 198 euro man might go, but surely no Hermes handbags. This phenomenon also applies to real estate sellers. “You have to bring it even as experience, whether the price for the dream home” is appropriate or not. And if real estate salesperson with the little differentiated arguments come from, real estate was the only protection against inflation and the only alternative to secure pension, then it should be at least suspicious. So sweeping, this statement is indeed nonsense.
And there is also the much heralded scrap real estate. We hold once: real estate in sought after locations have experienced an appreciation in recent years. Real estate in less sought-after locations do not. This is not a question of North or South, East or West. You must take a closer look to have the appropriate locations and sift loosened. A few years ago, who has invested money in real estate in Suhl in Thuringia, is reach today probably a lower selling price than he himself has paid. Especially if he has acquired a new building. This probably also applies to those who invested in Goslar in Lower Saxony.