In one region in North Rhine-Westphalia in particular, the increased interest rates have hardly had any effect so far. An exclusive study shows that real estate prices rose less there than elsewhere. Buyers still get a lot of square meters for their money here.
It is often said that since interest rates have risen so rapidly in the past year, those willing to buy in this country can no longer afford to own their own home. Not even with a good income. This is also true in the vast majority of regions and districts, because the number of affordable properties nationwide has decreased enormously over the year. But this does not apply to a relatively large area: in the Ruhr region, houses and apartments are still comparatively cheap.
Source: Stern
