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Looking to make a major life change? (lemmy.world)

submitted 1 day ago by The_Picard_Maneuver@lemmy.world to c/whitepeopletwitter@sh.itjust.works

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[–] finitebanjo@lemmy.world 2 points 15 hours ago (1 children)

I don't speak enough Deutsch to navigate their websites for specific examples, but home foreclosures in Germany increased 9% yoy in January 2025, but you're also correct that property prices are quite high which is the primary contributor to rise in foreclosures.

It's definitely highly desirable property given the chaos in the USA, the East, etc.

[–] Noobnarski@lemmy.world 1 points 11 hours ago

The home prices have climbed to these very high levels for many years, i's nothing new. A large part of it is probably due to lax rules on investment in real estate.

The home forclosures are probably due to higher interest rates.