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No. Region Home ownership rate(%) Date [2] [3]; 1 Kazakhstan 98: 2024 2 China 96: 2022 3 Laos 95.9: 2015 4 Romania 95.6: 2023 5 Albania 95.3: 2023 6 Slovakia 93.6: 2023 7 Russia 92.60
In 2022, Germany's homeownership rate was 46.7%. [1] During World War II , 2.25 million homes were destroyed with another two million damaged, reducing overall housing stocks by 20%. In 1949, West Germany enacted its first housing law and by 1961 had reduced its housing shortage from 5.5 million units to only 658,000.
Germany is midway through a four-year real estate crisis that will lead to more losses and distressed sales of unwanted properties, the head of Commerzbank's real estate business told Reuters. The ...
The costs include search costs, real estate fees, moving costs, legal fees, land transfer taxes, and deed registration fees. Transaction costs for the seller typically range between 1.5% and 6% of the purchase price. In some countries in continental Europe, transaction costs for both buyer and seller can range between 15% and 20%. Long time delays.
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Real estate appraisal, property valuation or land valuation is the process of assessing the value of real property (usually market value).Real estate transactions often require appraisals because every property has unique characteristics.
In order to separately determine the value of the land, an appraiser in Germany will usually will use the information gathered by the Gutachterausschuss. Most GAs will publish market reports every two years, including Bodenrichtwertkarten (land value guide maps). It is also possible to directly contact the local GA and ask for land value data ...