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Munich is more expensive. But Frankfurt's housing prices are rising dramatically recently. My wife and I are currently looking at houses (to buy, we currently r
by geff82 9y ago
Munich is more expensive. But Frankfurt's housing prices are rising dramatically recently. My wife and I are currently looking at houses (to buy, we currently rent one...) in the Taunus-mountains (about 10 kilometers away from the luxury homes I mentioned), because only there we can find large enough houses under 500k€ (which, even considering my 6-figure-income, is the maximum I feel comfortable with). Small 120sqm-row-houses, new, in Frankfurt now cost around 800k and everyone I know wonders who are the ones that can afford them and still sleep at night.
- allendoerfer 9y ago> and everyone I know wonders who are the ones that can afford them and still sleep at night. See OP … The interesting thing about this is, that Frankfurt is actually doing very much to avoid it. There a mixed-use skyscrapers being built, a whole new district has been created (Europaviertel) recently and a new one is already planned in the North-West. I think part of the problem is, that Frankfurt is tiny by night and a city of a million people by day. I guess you could build houses for hundreds of thousands of people, prices would sink and people would move in.
- geff82 9y agoAll those new quarters you mentioned are damn expensive... I also talked to the vendors of those mixed-use-skyscrapers and If you want to invest less than about 800.000 for a 3-bedroom-appartment, they have nothing for you. Prices are flying high... You'll have to move away about 30 kilometers to really see lower prices.