Construction financing - How will it change in the future?

  • Erstellt am 2020-04-11 11:21:23

haydee

2020-04-11 18:48:41
  • #1
If possible. The shot can also backfire.
When does the foot leave the brake and how strongly?
Which adjustment screws are turned?
Is exactly the point Max. Economy = manageable pandemic course hit or will it be a stuttering brake?
 

BiffBiff

2020-04-11 18:57:10
  • #2
But it can also work well. And for me, the probability is higher.
 

haydee

2020-04-11 19:11:12
  • #3


What if it catches you too?
Corona is also noticeable in "safe" professions.
 

Hous8au

2020-04-11 19:19:20
  • #4
The whole thing is just a would-have/could-have discussion. Either I can afford a property or not, or I have the corresponding buffer. Everything else is speculation as before, just with different conditions. As always, everyone is wiser in hindsight. Nevertheless, if the interest rate falls, house prices rise and vice versa... in total, you pay according to purchasing power. I do not assume that purchasing power will decrease, but it will initially stagnate.
 

ghost

2020-04-11 19:20:48
  • #5
110% / 125% were riskier even before Corona regardless, compared to a "normal financing". This type of financing is simply more vulnerable to external exogenous influences -> often meaning: unemployment, etc.

However, what is often critical is not the high debt ratio, but the high ratio relative to net income. In principle, this also applies to "normal financings", but there is simply a bit more room to better withstand such setbacks.
 

face26

2020-04-11 20:30:41
  • #6
There is not only new construction.

As long as the interest rate is so low that the financing rate is not higher or not much higher than rent, neither prices nor financing will change that much.
Yes, maybe the risk parameters will be tightened a bit. It’s not the first time.
Of course, it leaves its marks, but I still believe we will soon see growth again. From a lower level, but that would have happened anyway.
Now we are just having the recession that everyone has been waiting for anyway for about 3 years. Triggered differently and progressing differently, though. Given the consensus worldwide that all fiscal and monetary policy floodgates are being opened, it might actually go upwards again faster than everyone thinks.

So will construction financing change? Yes, but will it be a huge paradigm shift? I don’t think so.
 

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