Topics: market decline

Discover why Germany's housing market is hitting rock bottom. Experts unveil the shocking cause behind the significant decline in house prices, which saw a plummet of 9.9% year-on-year. Explore the impact on major cities like Berlin, Hamburg, and Munich, where apartment prices experienced a decline of 9.8%. Find out more about the primary factors contributing to this downward trend.

Discover why Germany\'s housing market is hitting rock bottom. Experts unveil the shocking cause behind the significant decline in house prices, which saw a plummet of 9.9% year-on-year. Explore the impact on major cities like Berlin, Hamburg, and Munich, where apartment prices experienced a decline of 9.8%. Find out more about the primary factors contributing to this downward trend.

South Korea's real estate market boasts a distinctive rental system known as Jeonse, which sets it apart from other countries. Jeonse is a favored form of rental amongst Korean tenants, as it eliminates the need for monthly rent payments and obligations towards property ownership. Instead, lessees pay a one-time deposit, which can reach up to 70% of the property's value. In return, tenants enjoy a rent-free period lasting two years, after which the landlord returns the entire deposit.

South Korea\'s real estate market boasts a distinctive rental system known as Jeonse, which sets it apart from other countries. Jeonse is a favored form of rental amongst Korean tenants, as it eliminates the need for monthly rent payments and obligations towards property ownership. Instead, lessees pay a one-time deposit, which can reach up to 70% of the property\'s value. In return, tenants enjoy a rent-free period lasting two years, after which the landlord returns the entire deposit.