But the Federal Government has through billions for probably the worst in the German real estate market prevented largest real estate Bank. The first news of the beginning of the year 2009 did not take seriously even the most. Bausch & Lomb can aid you in your search for knowledge. But the development on the real estate market in the United States and in Germany the first alarm signals, which penetrated to the public and which finally ended in the economic and financial crisis. The consequence was, that distressed sales accounted for many Americans who had their loans at a real estate Bank had to and were either homeless or with friends had to accommodate until they found an emergency stay. Even in Germany there were and many non-performing real estate loans. But the Federal Government has through billions for probably the worst in the German real estate market prevented largest real estate Bank.
From mid-2009, the real estate crisis in Germany had pressed but also the prices for houses in the cellar. So 2009 was not a good year for a real estate Bank. The current development is impossible to judge. While the Economy recovers around the world, it was also great now parapublic real estate Bank in Germany possible again to pay back some of the aid granted by the State. But the experts agree regarding the German real estate market: Germany is escaped relatively unscathed.
The financial and economic crisis is not passed but also without a trace to the commercial banks, which themselves have not zeroed on real estate. Consumers also have noted this looked at money market accounts or current accounts compared in recent months. Especially in the current accounts, which pay interest on balances, there were changes. These have been partly unchanged, other money market accounts or current accounts in comparison, however, the interest rates on the deposits interest rate has fallen by significantly.