[{"data":1,"prerenderedAt":384},["ShallowReactive",2],{"blog-article-rent-or-buy-2026-does-buying-still-make-sense-en":3},{"article":4,"recommendedArticles":373},{"slug":5,"title":6,"listPicture":7,"listPictureMobile":8,"listPictureWebp":9,"listPictureMobileWebp":10,"preview":11,"category":12,"author":13,"authorImage":14,"authorImageWebp":15,"authorDescription":16,"authorSlug":17,"content":18,"contentRaw":19,"order":349,"publishedAt":350,"createdAt":350,"updatedAt":351,"seoTitle":6,"seoDescription":352,"seoKeywords":353,"seoImage":354,"mainPicture":355,"mainPictureMobile":356,"mainPictureWebp":357,"mainPictureMobileWebp":358,"language":359,"subTitle":353,"actionLabel":353,"actionType":353,"actionText":353,"id":353,"introduction":360,"tableOfContentArray":361},"rent-or-buy-2026-does-buying-still-make-sense","Rent or Buy in 2026? Does Buying Still Make Sense?","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F61qlPPB7YcT6uGtMuEZxVD\u002F0031d19efd13eccef6c230ae7fbfe6eb\u002Fnews-800x511.jpg","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2U5AF4Jzh0sbYHDa3wNoKK\u002F8cf082a20057781fed438467ba5877ed\u002Fnews-380x243.jpg","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F6bf2ZgIc6NGtMGyDDL8WdE\u002F8e617188029d1d7d7ca56c32e9b45e51\u002Fnews-800x511.webp","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F1rJVpZ1NLJnsW62W5biSOf\u002Fab4284c09dfa1afc3e3670d4f879c4ee\u002Fnews-380x243.webp","Property prices in Germany are trending up again around their long-term average and 2026–2027 forecasts are converging.","market-news","Dr. Chris Mulder","https:\u002F\u002Fa.hypofriend.de\u002Fhypofriends\u002Fdr.-christian-mulder.png","https:\u002F\u002Fa.hypofriend.de\u002Fhypofriends\u002Fdr.-christian-mulder.webp","Dr. Chris is a former Senior Economist and Manager at the IMF and The World Bank. He is a Hypofriend Co-founder.","chris","  \u003Cdiv id=\"table-of-contents\">\n    \u003Cdiv class=\"headline\">\n      Table Of Contents\n    \u003C\u002Fdiv>\n    \u003Cul>\n      \u003Cli>\n  \u003Ca @click.prevent=\"$root.$emit('scrollAnchor', $event)\" href=\"#h-we-see-house-prices-going-up-in-line-with-the-long-term-trend\">\n    We see house prices going up in line with the long-term trend. \n  \u003C\u002Fa>\n\u003C\u002Fli>\u003Cli>\n  \u003Ca @click.prevent=\"$root.$emit('scrollAnchor', $event)\" href=\"#h-interest-rates-have-been-on-a-very-gradual-uptrend-this-year-in-europe\">\n    Interest rates have been on a very gradual uptrend this year in Europe. \n  \u003C\u002Fa>\n\u003C\u002Fli>\u003Cli>\n  \u003Ca @click.prevent=\"$root.$emit('scrollAnchor', $event)\" href=\"#h-what-does-it-mean-for-your-decision-to-buy-or-rent\">\n    What Does it Mean for Your Decision to Buy or Rent? \n  \u003C\u002Fa>\n\u003C\u002Fli>\u003Cli>\n  \u003Ca @click.prevent=\"$root.$emit('scrollAnchor', $event)\" href=\"#h-what-about-all-the-turmoil-what-does-it-mean-for-your-decision-to-buy-or-rent\">\n    What About All the Turmoil? What Does it Mean for Your Decision to Buy or Rent? \n  \u003C\u002Fa>\n\u003C\u002Fli>\u003Cli>\n  \u003Ca @click.prevent=\"$root.$emit('scrollAnchor', $event)\" href=\"#h-conclusion\">\n    Conclusion\n  \u003C\u002Fa>\n\u003C\u002Fli>\n    \u003C\u002Ful>\n  \u003C\u002Fdiv>\n\u003Ch2 id=\"h-we-see-house-prices-going-up-in-line-with-the-long-term-trend\">\n\u003Cb>We see house prices going up in line with the long-term trend.\u003C\u002Fb> \u003C\u002Fh2>\n\u003Cp>The very long-term trend is 3%, but we are now seeing increases closer to 4%. \u003C\u002Fp>\n\n            \u003Cpicture>\n              \u003Csource type=\"image\u002Favif\" sizes=\"(min-width: 961px) 961px, 100vw\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7BK8PxKEeJEybwJoLsyo9j\u002Ff554d86bcd23016a2fda78c77871bb01\u002Fchart__3_.png?fm=avif&w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7BK8PxKEeJEybwJoLsyo9j\u002Ff554d86bcd23016a2fda78c77871bb01\u002Fchart__3_.png?fm=avif&w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7BK8PxKEeJEybwJoLsyo9j\u002Ff554d86bcd23016a2fda78c77871bb01\u002Fchart__3_.png?fm=avif&w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7BK8PxKEeJEybwJoLsyo9j\u002Ff554d86bcd23016a2fda78c77871bb01\u002Fchart__3_.png?fm=avif&w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7BK8PxKEeJEybwJoLsyo9j\u002Ff554d86bcd23016a2fda78c77871bb01\u002Fchart__3_.png?fm=avif&w=1922 2x\n                    \">\n              \u003Csource type=\"image\u002Fwebp\" sizes=\"(min-width: 961px) 961px, 100vw\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7BK8PxKEeJEybwJoLsyo9j\u002Ff554d86bcd23016a2fda78c77871bb01\u002Fchart__3_.png?fm=webp&w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7BK8PxKEeJEybwJoLsyo9j\u002Ff554d86bcd23016a2fda78c77871bb01\u002Fchart__3_.png?fm=webp&w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7BK8PxKEeJEybwJoLsyo9j\u002Ff554d86bcd23016a2fda78c77871bb01\u002Fchart__3_.png?fm=webp&w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7BK8PxKEeJEybwJoLsyo9j\u002Ff554d86bcd23016a2fda78c77871bb01\u002Fchart__3_.png?fm=webp&w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7BK8PxKEeJEybwJoLsyo9j\u002Ff554d86bcd23016a2fda78c77871bb01\u002Fchart__3_.png?fm=webp&w=1922 2x\n                    \">\n              \u003Cimg loading=\"lazy\" class=\"image-fluid\" alt=\"House price index Trend\" sizes=\"(min-width: 961px) 961px, 100vw\" width=\"961\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7BK8PxKEeJEybwJoLsyo9j\u002Ff554d86bcd23016a2fda78c77871bb01\u002Fchart__3_.png?w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7BK8PxKEeJEybwJoLsyo9j\u002Ff554d86bcd23016a2fda78c77871bb01\u002Fchart__3_.png?w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7BK8PxKEeJEybwJoLsyo9j\u002Ff554d86bcd23016a2fda78c77871bb01\u002Fchart__3_.png?w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7BK8PxKEeJEybwJoLsyo9j\u002Ff554d86bcd23016a2fda78c77871bb01\u002Fchart__3_.png?w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7BK8PxKEeJEybwJoLsyo9j\u002Ff554d86bcd23016a2fda78c77871bb01\u002Fchart__3_.png?w=1922 2x\n                    \" src=\"\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7BK8PxKEeJEybwJoLsyo9j\u002Ff554d86bcd23016a2fda78c77871bb01\u002Fchart__3_.png?w=961\">\n            \u003C\u002Fsource>\u003C\u002Fsource>\u003C\u002Fpicture>\n          \n\u003Ch2 id=\"h-interest-rates-have-been-on-a-very-gradual-uptrend-this-year-in-europe\">\u003Cb>Interest rates have been on a very gradual uptrend this year in Europe. \u003C\u002Fb>\u003C\u002Fh2>\n\u003Cp>Mortgage rates are now close to 4%. \u003C\u002Fp>\n\n            \u003Cpicture>\n              \u003Csource type=\"image\u002Favif\" sizes=\"(min-width: 961px) 961px, 100vw\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2LlyfuM4uAkSvWY8SMCGEx\u002F16ed7febf855b76a72e9d2cd97ed5dec\u002Finterestrates.png?fm=avif&w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2LlyfuM4uAkSvWY8SMCGEx\u002F16ed7febf855b76a72e9d2cd97ed5dec\u002Finterestrates.png?fm=avif&w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2LlyfuM4uAkSvWY8SMCGEx\u002F16ed7febf855b76a72e9d2cd97ed5dec\u002Finterestrates.png?fm=avif&w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2LlyfuM4uAkSvWY8SMCGEx\u002F16ed7febf855b76a72e9d2cd97ed5dec\u002Finterestrates.png?fm=avif&w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2LlyfuM4uAkSvWY8SMCGEx\u002F16ed7febf855b76a72e9d2cd97ed5dec\u002Finterestrates.png?fm=avif&w=1922 2x\n                    \">\n              \u003Csource type=\"image\u002Fwebp\" sizes=\"(min-width: 961px) 961px, 100vw\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2LlyfuM4uAkSvWY8SMCGEx\u002F16ed7febf855b76a72e9d2cd97ed5dec\u002Finterestrates.png?fm=webp&w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2LlyfuM4uAkSvWY8SMCGEx\u002F16ed7febf855b76a72e9d2cd97ed5dec\u002Finterestrates.png?fm=webp&w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2LlyfuM4uAkSvWY8SMCGEx\u002F16ed7febf855b76a72e9d2cd97ed5dec\u002Finterestrates.png?fm=webp&w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2LlyfuM4uAkSvWY8SMCGEx\u002F16ed7febf855b76a72e9d2cd97ed5dec\u002Finterestrates.png?fm=webp&w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2LlyfuM4uAkSvWY8SMCGEx\u002F16ed7febf855b76a72e9d2cd97ed5dec\u002Finterestrates.png?fm=webp&w=1922 2x\n                    \">\n              \u003Cimg loading=\"lazy\" class=\"image-fluid\" alt=\"Interest Rate 2025\" sizes=\"(min-width: 961px) 961px, 100vw\" width=\"961\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2LlyfuM4uAkSvWY8SMCGEx\u002F16ed7febf855b76a72e9d2cd97ed5dec\u002Finterestrates.png?w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2LlyfuM4uAkSvWY8SMCGEx\u002F16ed7febf855b76a72e9d2cd97ed5dec\u002Finterestrates.png?w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2LlyfuM4uAkSvWY8SMCGEx\u002F16ed7febf855b76a72e9d2cd97ed5dec\u002Finterestrates.png?w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2LlyfuM4uAkSvWY8SMCGEx\u002F16ed7febf855b76a72e9d2cd97ed5dec\u002Finterestrates.png?w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2LlyfuM4uAkSvWY8SMCGEx\u002F16ed7febf855b76a72e9d2cd97ed5dec\u002Finterestrates.png?w=1922 2x\n                    \" src=\"\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2LlyfuM4uAkSvWY8SMCGEx\u002F16ed7febf855b76a72e9d2cd97ed5dec\u002Finterestrates.png?w=961\">\n            \u003C\u002Fsource>\u003C\u002Fsource>\u003C\u002Fpicture>\n          \n\u003Cp>The underlying reason for the modest uptrend is fear of higher government deficits, driven by plans for a military buildup (higher NATO norms), infrastructure investments, and political inertia. \u003Cbr>\u003Cbr>While the fears are there, the data doesn’t show much of an increase yet, rather a structural uptick post-Corona to deficits that are close to the limit of 3%.  \u003C\u002Fp>\n\u003Cp>\u003Cb>EU Fiscal Deficit as % of National Income\u003C\u002Fb>\u003C\u002Fp>\n\n            \u003Cpicture>\n              \u003Csource type=\"image\u002Favif\" sizes=\"(min-width: 961px) 961px, 100vw\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F68iTJ99cv5OdrXdQu6zNqQ\u002F10cc451939c2036b02340f42d9abcd82\u002Fnationalincome.png?fm=avif&w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F68iTJ99cv5OdrXdQu6zNqQ\u002F10cc451939c2036b02340f42d9abcd82\u002Fnationalincome.png?fm=avif&w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F68iTJ99cv5OdrXdQu6zNqQ\u002F10cc451939c2036b02340f42d9abcd82\u002Fnationalincome.png?fm=avif&w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F68iTJ99cv5OdrXdQu6zNqQ\u002F10cc451939c2036b02340f42d9abcd82\u002Fnationalincome.png?fm=avif&w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F68iTJ99cv5OdrXdQu6zNqQ\u002F10cc451939c2036b02340f42d9abcd82\u002Fnationalincome.png?fm=avif&w=1922 2x\n                    \">\n              \u003Csource type=\"image\u002Fwebp\" sizes=\"(min-width: 961px) 961px, 100vw\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F68iTJ99cv5OdrXdQu6zNqQ\u002F10cc451939c2036b02340f42d9abcd82\u002Fnationalincome.png?fm=webp&w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F68iTJ99cv5OdrXdQu6zNqQ\u002F10cc451939c2036b02340f42d9abcd82\u002Fnationalincome.png?fm=webp&w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F68iTJ99cv5OdrXdQu6zNqQ\u002F10cc451939c2036b02340f42d9abcd82\u002Fnationalincome.png?fm=webp&w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F68iTJ99cv5OdrXdQu6zNqQ\u002F10cc451939c2036b02340f42d9abcd82\u002Fnationalincome.png?fm=webp&w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F68iTJ99cv5OdrXdQu6zNqQ\u002F10cc451939c2036b02340f42d9abcd82\u002Fnationalincome.png?fm=webp&w=1922 2x\n                    \">\n              \u003Cimg loading=\"lazy\" class=\"image-fluid\" alt=\"EU Fiscal Deficit as percentage of National income\" sizes=\"(min-width: 961px) 961px, 100vw\" width=\"961\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F68iTJ99cv5OdrXdQu6zNqQ\u002F10cc451939c2036b02340f42d9abcd82\u002Fnationalincome.png?w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F68iTJ99cv5OdrXdQu6zNqQ\u002F10cc451939c2036b02340f42d9abcd82\u002Fnationalincome.png?w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F68iTJ99cv5OdrXdQu6zNqQ\u002F10cc451939c2036b02340f42d9abcd82\u002Fnationalincome.png?w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F68iTJ99cv5OdrXdQu6zNqQ\u002F10cc451939c2036b02340f42d9abcd82\u002Fnationalincome.png?w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F68iTJ99cv5OdrXdQu6zNqQ\u002F10cc451939c2036b02340f42d9abcd82\u002Fnationalincome.png?w=1922 2x\n                    \" src=\"\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F68iTJ99cv5OdrXdQu6zNqQ\u002F10cc451939c2036b02340f42d9abcd82\u002Fnationalincome.png?w=961\">\n            \u003C\u002Fsource>\u003C\u002Fsource>\u003C\u002Fpicture>\n          \n\u003Ch2 id=\"h-what-does-it-mean-for-your-decision-to-buy-or-rent\">\u003Cb>What Does it Mean for Your Decision to Buy or Rent? \u003C\u002Fb>\u003C\u002Fh2>\n\u003Cp>In line with the above, the latest research points to modest, steady growth:\u003C\u002Fp>\n\u003Cp>The basic rule of thumb is that the:\u003Cbr>\u003Cbr>\u003Cb>Cost of buying\u003C\u002Fb> = mortgage rates (4 %) + maintenance (0,5-1 %) \u003Cbr>\u003Cbr>\u003Cb>Should be less than: \u003C\u002Fb>\u003Cbr>\u003Cbr>\u003Cb>Benefit of buying\u003C\u002Fb> =  current rental rate  (3 %) + appreciation (3-4 %)\u003Cbr>\u003Cbr>The cost of buying at 4-5 % is much smaller than the benefit of buying at 6-7 %, so a quick evaluation suggests it still makes sense to buy for the long term.\u003Cb>\u003Cbr>\u003Cbr>Most people would stand to gain 15-30 % of the purchase price in 10 years and about double that in 15 years. \u003C\u002Fb>\u003C\u002Fp>\n\n            \u003Cpicture>\n              \u003Csource type=\"image\u002Favif\" sizes=\"(min-width: 961px) 961px, 100vw\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F5Jwg52KM3N7lY6fYobwpUb\u002Fad0060bd3970bd3ce55969ec8072101b\u002Fnetworth1.png?fm=avif&w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F5Jwg52KM3N7lY6fYobwpUb\u002Fad0060bd3970bd3ce55969ec8072101b\u002Fnetworth1.png?fm=avif&w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F5Jwg52KM3N7lY6fYobwpUb\u002Fad0060bd3970bd3ce55969ec8072101b\u002Fnetworth1.png?fm=avif&w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F5Jwg52KM3N7lY6fYobwpUb\u002Fad0060bd3970bd3ce55969ec8072101b\u002Fnetworth1.png?fm=avif&w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F5Jwg52KM3N7lY6fYobwpUb\u002Fad0060bd3970bd3ce55969ec8072101b\u002Fnetworth1.png?fm=avif&w=1922 2x\n                    \">\n              \u003Csource type=\"image\u002Fwebp\" sizes=\"(min-width: 961px) 961px, 100vw\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F5Jwg52KM3N7lY6fYobwpUb\u002Fad0060bd3970bd3ce55969ec8072101b\u002Fnetworth1.png?fm=webp&w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F5Jwg52KM3N7lY6fYobwpUb\u002Fad0060bd3970bd3ce55969ec8072101b\u002Fnetworth1.png?fm=webp&w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F5Jwg52KM3N7lY6fYobwpUb\u002Fad0060bd3970bd3ce55969ec8072101b\u002Fnetworth1.png?fm=webp&w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F5Jwg52KM3N7lY6fYobwpUb\u002Fad0060bd3970bd3ce55969ec8072101b\u002Fnetworth1.png?fm=webp&w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F5Jwg52KM3N7lY6fYobwpUb\u002Fad0060bd3970bd3ce55969ec8072101b\u002Fnetworth1.png?fm=webp&w=1922 2x\n                    \">\n              \u003Cimg loading=\"lazy\" class=\"image-fluid\" alt=\"net worth effect of buying a property\" sizes=\"(min-width: 961px) 961px, 100vw\" width=\"961\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F5Jwg52KM3N7lY6fYobwpUb\u002Fad0060bd3970bd3ce55969ec8072101b\u002Fnetworth1.png?w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F5Jwg52KM3N7lY6fYobwpUb\u002Fad0060bd3970bd3ce55969ec8072101b\u002Fnetworth1.png?w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F5Jwg52KM3N7lY6fYobwpUb\u002Fad0060bd3970bd3ce55969ec8072101b\u002Fnetworth1.png?w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F5Jwg52KM3N7lY6fYobwpUb\u002Fad0060bd3970bd3ce55969ec8072101b\u002Fnetworth1.png?w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F5Jwg52KM3N7lY6fYobwpUb\u002Fad0060bd3970bd3ce55969ec8072101b\u002Fnetworth1.png?w=1922 2x\n                    \" src=\"\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F5Jwg52KM3N7lY6fYobwpUb\u002Fad0060bd3970bd3ce55969ec8072101b\u002Fnetworth1.png?w=961\">\n            \u003C\u002Fsource>\u003C\u002Fsource>\u003C\u002Fpicture>\n          \n\u003Cp>Of course, practice is more complex as the figure shows. You have fixed purchase costs, so you start in the red. Over time, your mortgage balance decreases as you pay it off, while your rent increases; therefore, the line curves up and becomes steeper as years pass. \u003C\u002Fp>\n\n            \u003Cwidget type=\"callToActionRich\" headline=\"See what you can afford\" background-color=\"#F7F7F7\" main-cta-label=\"See what I can afford\" main-cta-link=\"https:\u002F\u002Fhypofriend.de\u002Fen\u002Fcriteria\u002Fstart\" description=\"<p>Calculate what you can afford and book a free appointment for your mortgage with just a few clicks <\u002Fp>\" :pictures='[{\"url\":\"\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F4fM1kNSRDAGXcEwuLLCTN3\u002Fbb759bee2f34818b8fb470c81193cfaf\u002FRent-Or-Buy-800x534.jpg\",\"title\":\"rent or buy 800x534\",\"description\":null}]'>\u003C\u002Fwidget>\n           \n\u003Ch2 id=\"h-what-about-all-the-turmoil-what-does-it-mean-for-your-decision-to-buy-or-rent\">\u003Cb>What About All the Turmoil? What Does it Mean for Your Decision to Buy or Rent? \u003C\u002Fb>\u003C\u002Fh2>\n\u003Cp>\u003Cb>First, let us consider the biggest risk: a slower increase in house prices.\u003C\u002Fb> If prices increase by 2%, or half the current trend, does it still make financial sense to buy? \u003Cbr>\u003Cbr>Your gain is much smaller, but still is positive in 10 years, and reaches about 15% of the purchase price in 15 years' time. \u003C\u002Fp>\n\n            \u003Cpicture>\n              \u003Csource type=\"image\u002Favif\" sizes=\"(min-width: 961px) 961px, 100vw\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F72lP2kvR74wWrrZgpwHtKH\u002F756a44c7bc7c14fdc18c592cb3e3e6aa\u002Fnetworth2.png?fm=avif&w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F72lP2kvR74wWrrZgpwHtKH\u002F756a44c7bc7c14fdc18c592cb3e3e6aa\u002Fnetworth2.png?fm=avif&w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F72lP2kvR74wWrrZgpwHtKH\u002F756a44c7bc7c14fdc18c592cb3e3e6aa\u002Fnetworth2.png?fm=avif&w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F72lP2kvR74wWrrZgpwHtKH\u002F756a44c7bc7c14fdc18c592cb3e3e6aa\u002Fnetworth2.png?fm=avif&w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F72lP2kvR74wWrrZgpwHtKH\u002F756a44c7bc7c14fdc18c592cb3e3e6aa\u002Fnetworth2.png?fm=avif&w=1922 2x\n                    \">\n              \u003Csource type=\"image\u002Fwebp\" sizes=\"(min-width: 961px) 961px, 100vw\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F72lP2kvR74wWrrZgpwHtKH\u002F756a44c7bc7c14fdc18c592cb3e3e6aa\u002Fnetworth2.png?fm=webp&w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F72lP2kvR74wWrrZgpwHtKH\u002F756a44c7bc7c14fdc18c592cb3e3e6aa\u002Fnetworth2.png?fm=webp&w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F72lP2kvR74wWrrZgpwHtKH\u002F756a44c7bc7c14fdc18c592cb3e3e6aa\u002Fnetworth2.png?fm=webp&w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F72lP2kvR74wWrrZgpwHtKH\u002F756a44c7bc7c14fdc18c592cb3e3e6aa\u002Fnetworth2.png?fm=webp&w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F72lP2kvR74wWrrZgpwHtKH\u002F756a44c7bc7c14fdc18c592cb3e3e6aa\u002Fnetworth2.png?fm=webp&w=1922 2x\n                    \">\n              \u003Cimg loading=\"lazy\" class=\"image-fluid\" alt=\"net worth effect of buying a property 10 years\" sizes=\"(min-width: 961px) 961px, 100vw\" width=\"961\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F72lP2kvR74wWrrZgpwHtKH\u002F756a44c7bc7c14fdc18c592cb3e3e6aa\u002Fnetworth2.png?w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F72lP2kvR74wWrrZgpwHtKH\u002F756a44c7bc7c14fdc18c592cb3e3e6aa\u002Fnetworth2.png?w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F72lP2kvR74wWrrZgpwHtKH\u002F756a44c7bc7c14fdc18c592cb3e3e6aa\u002Fnetworth2.png?w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F72lP2kvR74wWrrZgpwHtKH\u002F756a44c7bc7c14fdc18c592cb3e3e6aa\u002Fnetworth2.png?w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F72lP2kvR74wWrrZgpwHtKH\u002F756a44c7bc7c14fdc18c592cb3e3e6aa\u002Fnetworth2.png?w=1922 2x\n                    \" src=\"\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F72lP2kvR74wWrrZgpwHtKH\u002F756a44c7bc7c14fdc18c592cb3e3e6aa\u002Fnetworth2.png?w=961\">\n            \u003C\u002Fsource>\u003C\u002Fsource>\u003C\u002Fpicture>\n          \n\u003Cp>\u003Cb>Second, let us consider that you need to move to another town in 5 years or leave Germany. \u003C\u002Fb>\u003C\u002Fp>\n\u003Cp>Clearly, the best option is to rent out the property after 5 years and let your profits run, but even if you sell in 5 years, you will still break even on your purchase.\u003C\u002Fp>\n\n            \u003Cpicture>\n              \u003Csource type=\"image\u002Favif\" sizes=\"(min-width: 961px) 961px, 100vw\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002FJzOeIorIPSgZJh4SIH4Cj\u002Fca5386ffc0f12a5575418c5fe8b548df\u002Fnetworth3.png?fm=avif&w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002FJzOeIorIPSgZJh4SIH4Cj\u002Fca5386ffc0f12a5575418c5fe8b548df\u002Fnetworth3.png?fm=avif&w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002FJzOeIorIPSgZJh4SIH4Cj\u002Fca5386ffc0f12a5575418c5fe8b548df\u002Fnetworth3.png?fm=avif&w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002FJzOeIorIPSgZJh4SIH4Cj\u002Fca5386ffc0f12a5575418c5fe8b548df\u002Fnetworth3.png?fm=avif&w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002FJzOeIorIPSgZJh4SIH4Cj\u002Fca5386ffc0f12a5575418c5fe8b548df\u002Fnetworth3.png?fm=avif&w=1922 2x\n                    \">\n              \u003Csource type=\"image\u002Fwebp\" sizes=\"(min-width: 961px) 961px, 100vw\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002FJzOeIorIPSgZJh4SIH4Cj\u002Fca5386ffc0f12a5575418c5fe8b548df\u002Fnetworth3.png?fm=webp&w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002FJzOeIorIPSgZJh4SIH4Cj\u002Fca5386ffc0f12a5575418c5fe8b548df\u002Fnetworth3.png?fm=webp&w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002FJzOeIorIPSgZJh4SIH4Cj\u002Fca5386ffc0f12a5575418c5fe8b548df\u002Fnetworth3.png?fm=webp&w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002FJzOeIorIPSgZJh4SIH4Cj\u002Fca5386ffc0f12a5575418c5fe8b548df\u002Fnetworth3.png?fm=webp&w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002FJzOeIorIPSgZJh4SIH4Cj\u002Fca5386ffc0f12a5575418c5fe8b548df\u002Fnetworth3.png?fm=webp&w=1922 2x\n                    \">\n              \u003Cimg loading=\"lazy\" class=\"image-fluid\" alt=\"net worth effect of buying a property 5 years\" sizes=\"(min-width: 961px) 961px, 100vw\" width=\"961\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002FJzOeIorIPSgZJh4SIH4Cj\u002Fca5386ffc0f12a5575418c5fe8b548df\u002Fnetworth3.png?w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002FJzOeIorIPSgZJh4SIH4Cj\u002Fca5386ffc0f12a5575418c5fe8b548df\u002Fnetworth3.png?w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002FJzOeIorIPSgZJh4SIH4Cj\u002Fca5386ffc0f12a5575418c5fe8b548df\u002Fnetworth3.png?w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002FJzOeIorIPSgZJh4SIH4Cj\u002Fca5386ffc0f12a5575418c5fe8b548df\u002Fnetworth3.png?w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002FJzOeIorIPSgZJh4SIH4Cj\u002Fca5386ffc0f12a5575418c5fe8b548df\u002Fnetworth3.png?w=1922 2x\n                    \" src=\"\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002FJzOeIorIPSgZJh4SIH4Cj\u002Fca5386ffc0f12a5575418c5fe8b548df\u002Fnetworth3.png?w=961\">\n            \u003C\u002Fsource>\u003C\u002Fsource>\u003C\u002Fpicture>\n          \n\u003Cp>\u003Cb>Third, what about delaying? Let us consider that you postpone your decision by a year. \u003C\u002Fb>\u003C\u002Fp>\n\u003Cp>Most likely, interest rates are a bit higher, but most importantly, your delay limits your most profitable years by one: the year when, due to compounding, the price increase is the most. \u003Cbr>\u003Cbr>The figure below shows your gain to be about 63.296 € after 9 years of ownership, or 10 years from now, compared with 102.788 € in the baseline shown above. Half of this could be due to higher rates.\u003C\u002Fp>\n\n            \u003Cpicture>\n              \u003Csource type=\"image\u002Favif\" sizes=\"(min-width: 961px) 961px, 100vw\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7dDW3ttbtcWAu1AbObTRLp\u002Fafad8b0bcb83546fda81a5312e886397\u002Fnetworth4.png?fm=avif&w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7dDW3ttbtcWAu1AbObTRLp\u002Fafad8b0bcb83546fda81a5312e886397\u002Fnetworth4.png?fm=avif&w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7dDW3ttbtcWAu1AbObTRLp\u002Fafad8b0bcb83546fda81a5312e886397\u002Fnetworth4.png?fm=avif&w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7dDW3ttbtcWAu1AbObTRLp\u002Fafad8b0bcb83546fda81a5312e886397\u002Fnetworth4.png?fm=avif&w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7dDW3ttbtcWAu1AbObTRLp\u002Fafad8b0bcb83546fda81a5312e886397\u002Fnetworth4.png?fm=avif&w=1922 2x\n                    \">\n              \u003Csource type=\"image\u002Fwebp\" sizes=\"(min-width: 961px) 961px, 100vw\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7dDW3ttbtcWAu1AbObTRLp\u002Fafad8b0bcb83546fda81a5312e886397\u002Fnetworth4.png?fm=webp&w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7dDW3ttbtcWAu1AbObTRLp\u002Fafad8b0bcb83546fda81a5312e886397\u002Fnetworth4.png?fm=webp&w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7dDW3ttbtcWAu1AbObTRLp\u002Fafad8b0bcb83546fda81a5312e886397\u002Fnetworth4.png?fm=webp&w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7dDW3ttbtcWAu1AbObTRLp\u002Fafad8b0bcb83546fda81a5312e886397\u002Fnetworth4.png?fm=webp&w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7dDW3ttbtcWAu1AbObTRLp\u002Fafad8b0bcb83546fda81a5312e886397\u002Fnetworth4.png?fm=webp&w=1922 2x\n                    \">\n              \u003Cimg loading=\"lazy\" class=\"image-fluid\" alt=\"net worth effect of buying a property 9 years\" sizes=\"(min-width: 961px) 961px, 100vw\" width=\"961\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7dDW3ttbtcWAu1AbObTRLp\u002Fafad8b0bcb83546fda81a5312e886397\u002Fnetworth4.png?w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7dDW3ttbtcWAu1AbObTRLp\u002Fafad8b0bcb83546fda81a5312e886397\u002Fnetworth4.png?w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7dDW3ttbtcWAu1AbObTRLp\u002Fafad8b0bcb83546fda81a5312e886397\u002Fnetworth4.png?w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7dDW3ttbtcWAu1AbObTRLp\u002Fafad8b0bcb83546fda81a5312e886397\u002Fnetworth4.png?w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7dDW3ttbtcWAu1AbObTRLp\u002Fafad8b0bcb83546fda81a5312e886397\u002Fnetworth4.png?w=1922 2x\n                    \" src=\"\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7dDW3ttbtcWAu1AbObTRLp\u002Fafad8b0bcb83546fda81a5312e886397\u002Fnetworth4.png?w=961\">\n            \u003C\u002Fsource>\u003C\u002Fsource>\u003C\u002Fpicture>\n          \n\u003Ch2 id=\"h-conclusion\">\u003Cb>Conclusion\u003C\u002Fb>\u003C\u002Fh2>\n\u003Cp>Homeownership can make a meaningful change in your life, choosing a place that fits you, where you feel you belong. \u003Cbr>\u003Cbr>But it can also be a very scary decision, especially now that we see changes in the world that were not seen as possible just a few years ago. \u003Cbr>\u003Cbr>Taking a hard look at the numbers may help you make a decision. We did it above for the general situation. Speak with one of our mortgage advisors to discuss your situation in detail.\u003Cbr>\u003Cbr>We can also consult you on alternatives as well. Sound ETF investment and attractive high-yield rental properties. We are here to help you build a safe and sound financial future. \u003C\u002Fp>\n\u003Cp>\u003Cbr>\u003C\u002Fp>\n\u003Cp>\u003C\u002Fp>",{"data":20,"content":21,"nodeType":206},{},[22,37,45,62,70,77,91,98,106,119,127,134,173,186,193,230,238,250,263,271,278,292,300,307,320,328,335,342],{"data":23,"content":24,"nodeType":36},{},[25,32],{"data":26,"marks":27,"value":30,"nodeType":31},{},[28],{"type":29},"bold","We see house prices going up in line with the long-term trend.","text",{"data":33,"marks":34,"value":35,"nodeType":31},{},[]," ","heading-2",{"data":38,"content":39,"nodeType":44},{},[40],{"data":41,"marks":42,"value":43,"nodeType":31},{},[],"The very long-term trend is 3%, but we are now seeing increases closer to 4%. ","paragraph",{"data":46,"content":52,"nodeType":53,"asset":54},{"target":47},{"sys":48},{"id":49,"type":50,"linkType":51},"7BK8PxKEeJEybwJoLsyo9j","Link","Asset",[],"embedded-asset-block",{"fileName":55,"details":56,"url":61},"chart (3).png",{"size":57,"image":58},21316,{"width":59,"height":60},600,371,"\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7BK8PxKEeJEybwJoLsyo9j\u002Ff554d86bcd23016a2fda78c77871bb01\u002Fchart__3_.png",{"data":63,"content":64,"nodeType":36},{},[65],{"data":66,"marks":67,"value":69,"nodeType":31},{},[68],{"type":29},"Interest rates have been on a very gradual uptrend this year in Europe. ",{"data":71,"content":72,"nodeType":44},{},[73],{"data":74,"marks":75,"value":76,"nodeType":31},{},[],"Mortgage rates are now close to 4%. ",{"data":78,"content":82,"nodeType":53,"asset":83},{"target":79},{"sys":80},{"id":81,"type":50,"linkType":51},"2LlyfuM4uAkSvWY8SMCGEx",[],{"fileName":84,"details":85,"url":90},"interestrates.png",{"size":86,"image":87},152993,{"width":88,"height":89},1600,811,"\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2LlyfuM4uAkSvWY8SMCGEx\u002F16ed7febf855b76a72e9d2cd97ed5dec\u002Finterestrates.png",{"data":92,"content":93,"nodeType":44},{},[94],{"data":95,"marks":96,"value":97,"nodeType":31},{},[],"The underlying reason for the modest uptrend is fear of higher government deficits, driven by plans for a military buildup (higher NATO norms), infrastructure investments, and political inertia. \n\nWhile the fears are there, the data doesn’t show much of an increase yet, rather a structural uptick post-Corona to deficits that are close to the limit of 3%.  ",{"data":99,"content":100,"nodeType":44},{},[101],{"data":102,"marks":103,"value":105,"nodeType":31},{},[104],{"type":29},"EU Fiscal Deficit as % of National Income",{"data":107,"content":111,"nodeType":53,"asset":112},{"target":108},{"sys":109},{"id":110,"type":50,"linkType":51},"68iTJ99cv5OdrXdQu6zNqQ",[],{"fileName":113,"details":114,"url":118},"nationalincome.png",{"size":115,"image":116},76738,{"width":88,"height":117},731,"\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F68iTJ99cv5OdrXdQu6zNqQ\u002F10cc451939c2036b02340f42d9abcd82\u002Fnationalincome.png",{"data":120,"content":121,"nodeType":36},{},[122],{"data":123,"marks":124,"value":126,"nodeType":31},{},[125],{"type":29},"What Does it Mean for Your Decision to Buy or Rent? ",{"data":128,"content":129,"nodeType":44},{},[130],{"data":131,"marks":132,"value":133,"nodeType":31},{},[],"In line with the above, the latest research points to modest, steady growth:",{"data":135,"content":136,"nodeType":44},{},[137,141,146,150,155,159,164,168],{"data":138,"marks":139,"value":140,"nodeType":31},{},[],"The basic rule of thumb is that the:\n\n",{"data":142,"marks":143,"value":145,"nodeType":31},{},[144],{"type":29},"Cost of buying",{"data":147,"marks":148,"value":149,"nodeType":31},{},[]," = mortgage rates (4 %) + maintenance (0,5-1 %) \n\n",{"data":151,"marks":152,"value":154,"nodeType":31},{},[153],{"type":29},"Should be less than: ",{"data":156,"marks":157,"value":158,"nodeType":31},{},[],"\n\n",{"data":160,"marks":161,"value":163,"nodeType":31},{},[162],{"type":29},"Benefit of buying",{"data":165,"marks":166,"value":167,"nodeType":31},{},[]," =  current rental rate  (3 %) + appreciation (3-4 %)\n\nThe cost of buying at 4-5 % is much smaller than the benefit of buying at 6-7 %, so a quick evaluation suggests it still makes sense to buy for the long term.",{"data":169,"marks":170,"value":172,"nodeType":31},{},[171],{"type":29},"\n\nMost people would stand to gain 15-30 % of the purchase price in 10 years and about double that in 15 years. ",{"data":174,"content":178,"nodeType":53,"asset":179},{"target":175},{"sys":176},{"id":177,"type":50,"linkType":51},"5Jwg52KM3N7lY6fYobwpUb",[],{"fileName":180,"details":181,"url":185},"networth1.png",{"size":182,"image":183},265060,{"width":88,"height":184},1101,"\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F5Jwg52KM3N7lY6fYobwpUb\u002Fad0060bd3970bd3ce55969ec8072101b\u002Fnetworth1.png",{"data":187,"content":188,"nodeType":44},{},[189],{"data":190,"marks":191,"value":192,"nodeType":31},{},[],"Of course, practice is more complex as the figure shows. You have fixed purchase costs, so you start in the red. Over time, your mortgage balance decreases as you pay it off, while your rent increases; therefore, the line curves up and becomes steeper as years pass. ",{"data":194,"content":199,"nodeType":200,"entry":201},{"target":195},{"sys":196},{"id":197,"type":50,"linkType":198},"4ywa8c8uQoTkjpWpya51Yi","Entry",[],"embedded-entry-block",{"title":202,"type":203,"headline":204,"description":205,"backgroundColor":216,"mainCtaLabel":217,"mainCtaLink":218,"pictures":219,"imageAlignment":227,"showBankLogos":228,"contentType":229},"Blog: Property Prices 2025 \u002F 3: Check what you can afford (EN)","callToActionRich","See what you can afford",{"nodeType":206,"data":207,"content":208},"document",{},[209],{"nodeType":44,"data":210,"content":211},{},[212],{"nodeType":31,"value":213,"marks":214,"data":215},"Calculate what you can afford and book a free appointment for your mortgage with just a few clicks ",[],{},"#F7F7F7","See what I can afford","https:\u002F\u002Fhypofriend.de\u002Fen\u002Fcriteria\u002Fstart",[220],{"fileName":221,"details":222,"url":226},"Rent-Or-Buy-800x534.jpg",{"size":223,"image":224},1035764,{"width":88,"height":225},1068,"\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F4fM1kNSRDAGXcEwuLLCTN3\u002Fbb759bee2f34818b8fb470c81193cfaf\u002FRent-Or-Buy-800x534.jpg","LEFT",false,"widget",{"data":231,"content":232,"nodeType":36},{},[233],{"data":234,"marks":235,"value":237,"nodeType":31},{},[236],{"type":29},"What About All the Turmoil? What Does it Mean for Your Decision to Buy or Rent? ",{"data":239,"content":240,"nodeType":44},{},[241,246],{"data":242,"marks":243,"value":245,"nodeType":31},{},[244],{"type":29},"First, let us consider the biggest risk: a slower increase in house prices.",{"data":247,"marks":248,"value":249,"nodeType":31},{},[]," If prices increase by 2%, or half the current trend, does it still make financial sense to buy? \n\nYour gain is much smaller, but still is positive in 10 years, and reaches about 15% of the purchase price in 15 years' time. ",{"data":251,"content":255,"nodeType":53,"asset":256},{"target":252},{"sys":253},{"id":254,"type":50,"linkType":51},"72lP2kvR74wWrrZgpwHtKH",[],{"fileName":257,"details":258,"url":262},"networth2.png",{"size":259,"image":260},117624,{"width":88,"height":261},936,"\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F72lP2kvR74wWrrZgpwHtKH\u002F756a44c7bc7c14fdc18c592cb3e3e6aa\u002Fnetworth2.png",{"data":264,"content":265,"nodeType":44},{},[266],{"data":267,"marks":268,"value":270,"nodeType":31},{},[269],{"type":29},"Second, let us consider that you need to move to another town in 5 years or leave Germany. ",{"data":272,"content":273,"nodeType":44},{},[274],{"data":275,"marks":276,"value":277,"nodeType":31},{},[],"Clearly, the best option is to rent out the property after 5 years and let your profits run, but even if you sell in 5 years, you will still break even on your purchase.",{"data":279,"content":283,"nodeType":53,"asset":284},{"target":280},{"sys":281},{"id":282,"type":50,"linkType":51},"JzOeIorIPSgZJh4SIH4Cj",[],{"fileName":285,"details":286,"url":291},"networth3.png",{"size":287,"image":288},71430,{"width":289,"height":290},1582,974,"\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002FJzOeIorIPSgZJh4SIH4Cj\u002Fca5386ffc0f12a5575418c5fe8b548df\u002Fnetworth3.png",{"data":293,"content":294,"nodeType":44},{},[295],{"data":296,"marks":297,"value":299,"nodeType":31},{},[298],{"type":29},"Third, what about delaying? Let us consider that you postpone your decision by a year. ",{"data":301,"content":302,"nodeType":44},{},[303],{"data":304,"marks":305,"value":306,"nodeType":31},{},[],"Most likely, interest rates are a bit higher, but most importantly, your delay limits your most profitable years by one: the year when, due to compounding, the price increase is the most. \n\nThe figure below shows your gain to be about 63.296 € after 9 years of ownership, or 10 years from now, compared with 102.788 € in the baseline shown above. Half of this could be due to higher rates.",{"data":308,"content":312,"nodeType":53,"asset":313},{"target":309},{"sys":310},{"id":311,"type":50,"linkType":51},"7dDW3ttbtcWAu1AbObTRLp",[],{"fileName":314,"details":315,"url":319},"networth4.png",{"size":316,"image":317},119382,{"width":88,"height":318},960,"\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7dDW3ttbtcWAu1AbObTRLp\u002Fafad8b0bcb83546fda81a5312e886397\u002Fnetworth4.png",{"data":321,"content":322,"nodeType":36},{},[323],{"data":324,"marks":325,"value":327,"nodeType":31},{},[326],{"type":29},"Conclusion",{"data":329,"content":330,"nodeType":44},{},[331],{"data":332,"marks":333,"value":334,"nodeType":31},{},[],"Homeownership can make a meaningful change in your life, choosing a place that fits you, where you feel you belong. \n\nBut it can also be a very scary decision, especially now that we see changes in the world that were not seen as possible just a few years ago. \n\nTaking a hard look at the numbers may help you make a decision. We did it above for the general situation. Speak with one of our mortgage advisors to discuss your situation in detail.\n\nWe can also consult you on alternatives as well. Sound ETF investment and attractive high-yield rental properties. We are here to help you build a safe and sound financial future. ",{"data":336,"content":337,"nodeType":44},{},[338],{"data":339,"marks":340,"value":341,"nodeType":31},{},[],"\n",{"data":343,"content":344,"nodeType":44},{},[345],{"data":346,"marks":347,"value":348,"nodeType":31},{},[],"",1,"Tue, 6 Jan 2026 16:10:36 +0000","Fri, 20 Mar 2026 11:16:17 +0000","Is buying still worth it in 2026? We break down the latest German property market data to help you decide whether to rent or buy.",null,"https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F1BDcPvi2mzeBFIVvlqqnfv\u002Fabf527e40f0e9ff8c0723e9fcafc2a9d\u002FSEO-news-800x534.jpg","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002FBREsGn1gx9DcyD4pQALKk\u002Fa5f48eeb8aa0c84c46f29e6e909672a7\u002Fnews-1692x918.jpg","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F3kGcvr2GW8kEtd7JQ0cWcA\u002F50c325f611f4dd4f8acb77bf7e244ec8\u002Fnews-523x366.jpg","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F3NzWx2N8wlCWlS1En4EUqK\u002F374157194aab2f8b564784efb65ea54a\u002Fnews-1692x918.webp","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F1WlfuHRDFpibnFyPC6XmVv\u002Fda2a3a06981f3b1adec1a3edbaf1b867\u002Fnews-523x366.webp","en","Buying a home remains the most important financial decision but the world seems to be changing rapidly, so how should that affect your decision? \n\n1. Does it still make sense to buy, given the current outlook for house prices and interest rates?\n2. And what if the outlook is worse or your circumstances change?\n3. Does it make sense to delay your decision, wait for more certainty?\n\nLet's first look at the baseline outlook.\n",[362,365,367,369,371],{"key":363,"value":364},"#h-we-see-house-prices-going-up-in-line-with-the-long-term-trend","We see house prices going up in line with the long-term trend. ",{"key":366,"value":69},"#h-interest-rates-have-been-on-a-very-gradual-uptrend-this-year-in-europe",{"key":368,"value":126},"#h-what-does-it-mean-for-your-decision-to-buy-or-rent",{"key":370,"value":237},"#h-what-about-all-the-turmoil-what-does-it-mean-for-your-decision-to-buy-or-rent",{"key":372,"value":327},"#h-conclusion",[374,377,380],{"slug":5,"title":6,"listPicture":7,"listPictureMobile":8,"listPictureWebp":9,"listPictureMobileWebp":10,"preview":11,"category":12,"categoryTitle":375,"categoryCode":376},"Market News","hn",{"slug":378,"title":379,"listPicture":7,"listPictureMobile":8,"listPictureWebp":9,"listPictureMobileWebp":10,"preview":11,"category":12,"categoryTitle":375,"categoryCode":376},"whats-really-ahead-for-german-property-prices-2026-2027-forecast","What’s Really Ahead for German Property Prices (2026–2027 Forecast)",{"slug":381,"title":382,"listPicture":7,"listPictureMobile":8,"listPictureWebp":9,"listPictureMobileWebp":10,"preview":383,"category":12,"categoryTitle":375,"categoryCode":376},"our-german-housing-outlook-2025","Our German Housing Outlook (2025)","Maintaining a perspective that is both realistic and optimistic, our outlook for Germany heading into 2025 highlights continued positive trends in key areas. German house prices, having recovered significantly since late 2023, are expected to increase further due to persistent demand and constrained supply.",1785247182078]