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Housing Economy Bonn / Rhein-Sieg

Observations on the current real estate market

Interest rate trends Since the start of the global financial crisis at the end of 2007, interest rates have fallen continuously since 2008 and the key interest rate of the ECB has remained at 2016% since 0. In the past, the low interest rate, especially in the metropolitan areas, had created a huge demand for real estate, while the supply side stagnated or even decreased. Although there was still...

Heating & ventilation - social explosives for the next few months

If I look out of my kitchen window in the morning, I see the windows of the apartment opposite. You can see layers of ice on the inside and extremely damp, no, wet windows. The residents are not willing or able to at least dry the windows from the inside, apparently there is no heating at all. When the first mildew or mold stains are visible...

Bonn local politics - for shopping in Siegburg or Rheinbach

Since the coalition of SPD, Greens, Left and Volt took office, the Bonn GA has had a lot to do. Not a day goes by without articles appearing, some benevolent, some critical of the disastrous conditions in the city. The ubiquitous chaos primarily affects transport policy, which is characterized by planning errors and communication debacles. The partial closure of the city ring road, closures...

The traffic light and future housing policy

After we had speculated in our last newsletter in September before the federal election about which building and housing policy ambitions would be implemented by the parties or the conceivable coalitions, we now know a little more. But really only a little, although for the sake of fairness it must be said that coalition agreements per se are rather nebulous ...

Current m² prices for houses in Bonn and the Rhein-Sieg district

The market reports on real estate, which are mostly published annually, have the disadvantage of working with older data that do not reflect the current status. For this reason, we examined the results of the largest real estate databases for over a month and examined the current offers with regard to the m² prices called up. For city districts, selected districts and communities in Bonn and the ...

Divorce and Real Estate - A Brief Overview

Divorce is usually accompanied by strong emotions, especially when there are children. But the distribution of property, especially if there is a shared property, almost always means an enormous effort. As you may already know, the division of real estate is particularly complicated because real estate is immovable, as its name suggests….

Does the new Bonn rent index have an impact on the rental of furnished apartments?

On September 01st, the new rent index of the city of Bonn came into force. A slight increase in the m² prices compared to the last list from 2018 has been determined. Many competent people have thought about it, the city, representatives of the tenants' association, from Haus & Grund, scientifically supported by the Institut Wohnen und Umwelt (IWU) in Darmstadt. 10.000 apartments ...

Only half of the real estate agents in Bonn pass the VAT cut on to their customers - but there is an even bigger annoyance….

We were interested in how the real estate brokers in Bonn deal with the VAT reduction when it comes to brokerage fees. We also used Cologne offers for comparison. On November 01st, four months after the introduction of the VAT reduction, we therefore took a closer look at the offers for single and two-family houses in the large real estate databases. Around 50% of brokers in ...

Investment pain! If you have lost (maybe) millions of Euros ...

I have to be very careful in writing this article. My last, not necessarily flattering, remarks on McMakler were not particularly appreciated by the company's CEO and his “General Council” in January 2019, as we received a request to delete the article instead. It happened like this: The newsletter was published in April 2018 and was ...

Berlin impressions

For our weekly newspaper “Die Rote Laterne” our editor Rudi Kasulke has been reporting from the federal capital since the last election to the Berlin House of Representatives in September 2021. He gave us an interview, the following are some excerpts: After the superior election victory of the left and the surprising failure of the SPD at the 5% hurdle, red / green can now rule in Berlin ...