Frankfurt Opera Not so long ago, the property dotcom dream was alive and well. Over 200 companies sprang up in Germany to achieve untold wealth and fame. Yet only half are today still alive and they are truly struggling. Housing Slumps Into Crisis Rare Building Site Germany s house-builders, property investors and mortgage banks are facing very tough times.
Demand is weak with rents and prices remaining low.
The whole industry faces mass lay-offs and bankruptcies. In German Property Still Building In Berlin Records continue to be broken in the German property market. But Frankfurt is not Germany. Apart from hot spots in leading cities such as Munich, D sseldorf and Frankfurt, the German property market is static, if not in decline. It s the economy, stupid.