Frog portfolio company McMakler – Germany’s fastest-growing online real estate agent – proudly shared that their current analysis of the real estate climate in East and West Germany has been published in one of Germany’s top newspapers, Frankfurter Allgemeine.
In their current analysis, McMakler created an east-west comparison for Germany, in which they compared the first to third quarters of 2020 with the same period of the previous year.
“From 1949 until reunification in 1990, the western Federal Republic of Germany (FRG) and the eastern German Democratic Republic (GDR) differed completely in their political and economic systems. A different development that has also had a significant impact on the real estate market in both countries,” McMakler stated.
“But what about 31 years after the fall of the Berlin Wall? Who is more likely to live in the property where, and who to rent? Where do real estate buyers have to dig deep into their pockets? And where is real estate marketed the fastest?”
Besides answering the questions “Where are the cheapest and most expensive places to live?” the analysis also tackled two important points in detail:
- Purchase price ranking: 1,000 euros less for the square meter in the east
- Rental price ranking: tenants in Bavaria pay twice as much as in Saxony-Anhalt
Read McMakler’s full analysis here.