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Old 03-27-2007, 03:21 AM  
Jensen
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Join Date: Apr 2001
Location: Norway
Posts: 3,790
Time to buy German property?

Last years growth in the property market ranked by London based Knight Frank:

1 Latvia 66,60 %
2 Poland 33,00 %
3 Denmark 22,00 %
4 Norway 16,40 % %
5 Lituania 13,30 %
6 Bulgaria 13,00 %
7 South Africa 13,00 %
8 Ireland 12,00 %
9 Sweden 11,00 %

25 USA 4,20 %

33 Germany -3,20 %

As you can se me and Rockatansky made good money buying property up here but Latvia is the clear winner. The German market has been flat for 15-16 years but the German economy is growing with a boost from 2005 (tax reforms). The total market for Germany is still down, but some areas like Baden Württemberg has been growing slowly (from Knight Frank) and it looks good in other areas aswell.

Any germans in here that can confirm this? Could be cash to make!

Other countries ranked on the bottom:

29 Hungary 1,30 %
30 Portugal 0,60 %
31 Hongkong 0,40 %
32 Japan -1,60 %
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