Home affordability: Buyers can now afford up to 24% more house
A new law regulates the payment of the broker's commission in a new way. This affects how much house buyers can afford.
Written by
Dr. Christian Mulder
Published on
Dec 21, 2020
Berlin, 21. December 2020 --- Dr. Chris Mulder, Hypofriend Co-founder, sees no stop to house price increases: "Many of our clients expect that they can afford more house as a result of reduced agent fees in the revised law on real estate commissions and we agree. With interest rates low, and limited supply house prices will keep rising, despite Corona."