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Real estate prices are exploding: What buyers in the big city need to know!
Find out everything about real estate prices, financial aspects and fake cover letters in current economic reports from 2025.
Real estate prices are exploding: What buyers in the big city need to know!
At a time when real estate prices continue to rise in many cities, a family reports on their experiences with the condominium they purchased in a large city in 2010. Loud Time The purchase price of this 100 square meter old building apartment is around 500,000 euros. With four rooms, the apartment offers enough space. Since the purchase, prices in the area have increased remarkably, but the family has no plans to sell their property.
The monthly costs associated with the apartment add up to 415 euros. This includes around 165 euros for repairs to the windows and floor, as well as 250 euros for property tax and insurance. All financial obligations go through a joint account, which makes organizing expenses easier.
Professional situation and income situation
The woman in the family works part-time in the public sector, which leads to a significant difference in income compared to her partner. However, there are internal agreements that ensure equal participation in the financial contributions to the apartment.
Another topic that is currently attracting attention is an incident affecting citizens in Germany. How Destatis Reportedly, there are false cover letters in circulation that supposedly come from the Federal Statistical Office. These letters request data reporting for a non-existent study on international economic relations and threaten legal action if one does not respond.
The fake cover letters contain false contact details and a manipulated signature of the President of the Federal Statistical Office, Dr. Ruth Brand. Neither the Federal Statistical Office nor Eurostat conducts such a study or collects data on it. Citizens and companies that receive such requests should ignore them and not respond.