German property sparks jet-to-let interest (Assetz News)

by Alexander Korte on February 11, 2007

The government is selling off large quantities of housing after a decade of suffering with a flat market but as this accommodation moves into private ownership, rents are being pushed up, according to Berlin Capital Investments.

In addition, the buzz around the German property market has induced an unprecedented level of competition among German banks, who are diversifying their mortgage products, making it easier for investors to finance their acquisitions.

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