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Hamburg (dpa / lno) - The Hamburg housing market will continue to grow in the Corona year 2020.
This emerges from the new residential property market report Hamburg by HypoVereinsbank, which was presented on Tuesday.
"The past few months have again been characterized by significant growth rates in real estate prices and rents," said Alexander Appel, Regional Manager North.
The persistently and for the time being still favorable interest rate situation favors real estate purchases as a crisis-proof and lucrative form of investment, especially for personal use, so Appel - also or maybe especially in the current crisis situation.
For several years now, high price increases have also been registered in the surrounding area.
There, condominiums and homes have often become even more expensive than in the Hanseatic city.
"The most popular residential areas in Hamburg are traditionally close to the water," said Appel.
Almost all Wilhelminian-style and other residential areas close to the city center have established themselves as popular residential locations for different groups of interested parties, which has led to a consistently high price level that is largely independent of location classes.
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“Your own house is particularly in demand at the moment.
After the experience in the lockdown, it seems more popular than ever before, »said expert Ingo Kuschke.
In addition to the changed location preferences due to increased work at home, suburban districts have also gained in popularity, including Niendorf, Schnelsen, Langenhorn, Sasel, Rahlstedt and Billstedt.
© dpa-infocom, dpa: 210413-99-187024 / 2