Rent out or sell a condominium? Decision in times of crisis?

And if much less is being built now due to the known circumstances. What happens then to the few energy-efficient new rental apartments in terms of price? Right, they will increase. And with the rent cap in Berlin, one has seen what happens with excessive regulation in the rental market. Simply hardly anything is offered anymore.

But you also have to find someone who can still pay the prices. This will not get any easier in times of 10% inflation.

The risk of going under with the rental because the tenant can no longer pay due to job loss also increases significantly. The wave of bankruptcies will really start to roll in 2023.

If rents are heavily curbed (as currently and in the past), the rate of new construction logically decreases because it no longer pays off - right?

Correct. But that doesn't bother certain politicians, because capped rents are immediately noticeable. The lack of new construction and insufficient supply can be blamed on greedy housing corporations ;)

There are simply no political majorities for that, and that is why such things will not exist. Not only from a market-economic but also from a party-political perspective, if the FDP supports the government.

You also have to find someone who can still afford the prices. That is not getting any easier in times of 10% inflation.

It depends on the segment. My current tenants have a good income, were actually looking for a condominium or house, but with the current interest rates no longer feasible. At the beginning of 2021, they could have financed the same apartment for the same amount. I think this also applies to the almost new 4-room apartment mentioned by the OP.

Depends on the segment. My current tenants have a good income, were actually looking for a condominium or house, but with the current interest rates it’s no longer feasible. At the beginning of 2021, they could have also financed the same apartment for the same amount.
I think the same applies to the almost new 4-room apartment mentioned by the OP.

I see no contradiction with my statement.
One must always keep in mind that the current inflation, economic uncertainties, etc., narrow the circle of those who can still afford relatively new properties, whether a single-family house or a condominium. Regardless of renting or buying.

If this continues for another year or two, landlords of high-priced apartments will soon be fighting over tenants, no longer the other way around. Simply because many are no longer willing or simply able to pay such rents.

And here we are still talking about a clientele that, in principle, can afford any rent, whether 5,000 or 7,000 EUR. In the range of 1,000-2,000 EUR rent, many now already consider whether something smaller or somewhat less upscale might also work.

Even if it always comes across somewhat distorted here in the forum... the share of those who can afford cold rents from 1,500 EUR/month is relatively small. That’s maybe 20% of the population. And a large portion of those are now feeling it in their wallets or the well-paid job in industry is at risk...