According to their data, an average household has to spend 60 percent of their monthly income on a home loan, and even higher earners would be well above the debt repayment rate of 40 percent. Even a reduction in interest rates only improves affordability marginally. The government’s housing package would not have the desired effect.
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“For average earners, the dream of owning their own home is still shattered, affordability has only improved slightly compared to 2023. This means that the housing package has so far failed to have its effect on many levels,” said “durchblicker” boss Martin Spona. From his point of view, a cooperative model with a mandatory purchase option would be much more effective.
