3 ms·
An example, near Frankfurt outside the centre the property price is around 5000€ per m^2. 100m^2 for a couple is considered quite confortable, costing around €4
by matteuan 7y ago
An example, near Frankfurt outside the centre the property price is around 5000€ per m^2. 100m^2 for a couple is considered quite confortable, costing around €400k. This means a 25 years mortgage at 1,5% interest rate (atm it could get even better) -> 1600€ monthly repayment, definitely affordable with 5160€.
Anyway, I'm not sure property price is a very good metric for this. Renting in Germany is still relatively cheaper than buying.
- deleted 7y ago[deleted]