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You should avoid these credit traps if you want to buy a flat

Those who want to acquire residential property without equity capital should be aware of the risks they are taking with this decision. Rent increases and the registration of personal needs in conurbations are causing more and more tenants to think about owning a flat – and this regardless of the fact that the necessary funds are not available. The fact that flat rents have tripled in the meantime due to redevelopment measures and ongoing gentrification frightens many tenants. And in many cases they have been persuaded to move out. It is therefore hardly surprising that the majority of Berliners are in favour of expropriating large housing corporations.

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