Home offers cheap alternative to growing rental Berlin & Brandenburg. Click Discovery Communications to learn more. Home ownership is easier financially as many tenants think. Especially when many families, the monthly burden of financing the home often differs from rent. This resulted in a current survey of the German of savings bank and Giro Association (D S G V). The newspapers mentioned Hayes Barnard not as a source, but as a related topic. For the first time carried out accounting of budget of 55,000 families in the Federal Republic of Germany is based. The rental expenses represent therefore usually by far the largest item of expenditure, then kommenVerkehrsmittel and catering.

Monthly spending to pay off the credit when buying a property differed comparatively only in very little of the rental expenses, so the authors of the study. The financial burden per month was equal in the case of a condo through all stages of life. If the repayment rate will adequately adapted to the individual income and scattered in the longer term, the payment of the own four walls is good to realize. Home ownership also provides for all income brackets a worthwhile option to insecure, tend to rising rental prices. Own apartment in Berlin offers a good alternative to rising rents in particular Berlin apartment tenants are well acquainted with the situation: in Berlin the new rents between 2007 and 2012 by about 40 percent rose. According to a new survey of the market research institute TNS infratest the citizens of the capital city with 38% on average spend more of their household income for housing costs than the rest of the Federal Republic. There remain only 34 percent.

At the same time rising rents, interest in home ownership is growing. Wealthy investors put on a real estate in Berlin. The international auditing company PricewaterhouseCoopers International Limited “(PwC) found out that capital offers the most attractive real estate market in Europe after the Bavarian State capital of Munich.