Germany's housing market is ripe for a serious price correction, economists warn

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Germany's housing market is ripe for a serious price correction, economists warn
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The German housing market has been strong for decades, but economics have some concerns.

The German housing market has been remarkably strong for decades, but it faces a serious price correction in the next couple of years, according to some analysts.

The German housing market has been remarkably strong in the last couple of decades, but it faces a serious price correction in the next couple of years, according to some analysts.The German housing market has been remarkably strong for decades, but it faces a serious price correction in the next couple of years, according to analysts.

"If you think about mortgage rates of 3.5% or 4% then you need higher rental yields for investors and given that rents are relatively fixed, it's clear prices have to fall," Jochen says.

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