Private real estate assets in Germany have doubled in the last 20 years to a total of 6 billion euro. Representing over half of all private assets property continues to be the most important form of investment.
Distribution of Real Estate Assets in Germany
German Economic Institute (IW)
Private real estate assets in Germany have doubled in the last 20 years to a total of 6 billion euro. Representing over half of all private assets property continues to be the most important form of investment.
As with other types of asset, real estate is unevenly distributed between low and high earners, old and young, employed and unemployed and western and eastern Germany. Approximately half of the population own land and buildings, with the wealthiest fifth owning 75 per cent of all property. There has been no noticeable change in this distribution in recent years.
Life Satisfaction in Germany: Trends, Influencing Factors and Political Relevance
Despite their country’s multiple crises, Germans' subjective well-being remains overall buoyant and is currently reaching historic highs similar to those of the 2010s.
IW
IW Distribution Report 2024: Current trends and challenges for distribution policy
The coronavirus pandemic, the energy price crisis and the associated high inflation rates have left their marks. The fall in real wages up to the beginning of 2023 has offset some of the real wage growth of previous years: on average for 2023, the real wage index was at the same level as in 2015.
IW