Quote:
Originally Posted by investinvalue
You are right, but although writedowns and credit situation is not really improving, German banks I am in touch with did tell me that they are still willing to finance some acquisitions. Spreads vs swaps will undoutedly be wider but I am told that max LTV has not changed if rental yield and location is correct.
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I'm hearing the same thing too, the situation isn't getting worse, it's stable.
I was replying more to GG's post asking "when is the loosening of mortgages going to happen in Germany?" - In my view don't hold your breath.