Indulge in Life in America

Chapter 2076 Bavaria's Housing Market

After all, marriage is not a joke. The Germans have long considered the economic aspects of marriage very carefully and seriously. In addition, whether a noble girl can marry, how well she can marry, and how much dowry her father can give is an important factor.

The process of negotiation is a process of bargaining and wrangling, and the negotiation may drag on very slowly.

It's like buying and selling livestock. Both parties bargain on dowry, bride price and other issues, and it's common for people to be in their 20s. After the two parties have reached an agreement, they can sign a marriage contract.

In fact, the marriage negotiation and contract of the villain before the gentleman is sometimes more beneficial to the woman, especially the rich woman than the man. The rich woman can stipulate that the property of the two parties will still be divided after marriage, and will not form a joint property of the husband and wife; the woman can Freedom to dispose of their original property and so on.

Anyway, marriage is a serious and long-term matter, especially for a family like Baron von Richthofen, the range of choices is very narrow, both titles must be equal, and economic strength must be matched. Such objects are rare There are very few of them.

"Okay, let's not talk about this. His Royal Highness the Duke wants to participate in the real estate development in Germany. Originally, the two of us cooperated, but he said that he must bring you." The baron began to change the subject.

Yang Cheng smiled slightly, "Triangle is the most stable structure, isn't it?"

"That's right, then let me briefly introduce that this time our target is the small and medium-sized cities outside Munich, Bavaria, within an hour's drive from Munich.

There are several alternative destinations, the first is Augsburg, founded in 15 BC, Augsburg is one of the oldest cities in Germany, it is only 30 minutes away from Munich, it is the 'romantic road' - part of the popular tourist route from Würzburg to Füssen.

Augsburg is also the third largest city in Bavaria, after Munich and Nuremberg, with a population of less than 300,000, and it is one of the fastest growing cities in Bavaria.

Plus, Augsburg's unemployment rate (5.1%) is lower than the German average (5.4%), and its major employers include insurer Allianz, Fujitsu, carmaker MAN, online retailer Amazon and electronics giant Siemens, the purchasing power here is slightly lower than the average level in Germany, but there is a lot of room for development in the future.

Regarding housing prices, in the last 6 years, real estate prices in Augsburg have risen by 119% to nearly 4,100 euros per square meter, and rental prices have also increased by 54% to 10.9 euros per square meter per month.

At the same time, real estate prices are almost twice as cheap as in Munich, and due to the relatively low prices and proximity to Munich, Augsburg is ideal for people who work there but want to buy or rent cheaply,

I think it's an ideal place for us to invest. "

Yang Cheng asked, "Sounds good. I have no objection to targeting the rigid-needed market and keeping the land as close as possible to Munich so that they can commute to and from get off work."

The baron smiled, "Of course, otherwise I wouldn't have talked to you. Now, everything is ready, only the funds are missing."

Yang Cheng waved his hand, "Don't worry, I will make up for the lack. By the way, the real estate I developed in South Korea is in the final stage, and a large amount of funds will be transferred soon, and I can consider investing in Germany."

The nobles are all snobbish, and the baron immediately asked, "How much money do you have?"

Yang Cheng said lightly, "About 200 million euros~"

"God, that's a lot of money, and with that money, several projects can start at the same time."

"Let's hear about your project first? Besides Augsburg?"

"Ingolstadt, built in the 9th century, still has many medieval buildings in its old town, and the University of Munich was established here in the 15th century under the names of Ludwig and Maximilian.

Ingolstadt is also not far from Munich, only 40 minutes by car.

The population is somewhat small, less than 150,000, but Ingolstadt's unemployment rate is very low, only 2.9%, which is twice the national average. The headquarters of Volkswagen's tire manufacturer and electronics retailer MediaMarkt The offices of the telecommunications company Telefónica and Kaspersky Lab are all located here, and the purchasing power is extremely strong.

In the past six years, real estate prices here have risen by 66%, exceeding 4,700 euros per square meter, which is slightly higher than the average level in Germany, but 40% lower than in Munich. 11.8 euros per square meter. "

Yang Cheng said unexpectedly, "Is the housing price slightly higher than in Augsburg?"

"Yes, because the scenery here is beautiful, and there are many large companies here, and the average income is high, so it is natural to need higher-quality housing to improve the quality of life." The baron explained.

"Okay, I understand, what else?"

"Landshut, built in the early 13th century as a fortress, was considered the capital of Bavaria until the early 16th century.

The city retains medieval Renaissance and Baroque architecture, 45 minutes from Munich, half an hour from Munich Airport, actually even closer.

Although the population is only about 150,000, like Ingolstadt, the unemployment rate is very low, and there are also large companies settled in. This city is the car company BMW, British Gas, electric motor and fan company Ebm-papst and clothing Home of the retailer's C&A. Purchasing power is very strong, second only to Munich.

In the past 6 years, the real estate price in Landshut has increased by 89%, reaching 4,300 euros per square meter, while the rental cost has increased by 40% in the same period, reaching 10 euros per square meter per month. "

"Very good data. This is just a small town in Bavaria. It's really incredible to have such a performance~" Yang Cheng was surprised.

He didn't expect that the real estate market in the cities around Munich would have such great potential. It seems that William really put his heart into it. This intermediary has become more and more capable, and he is a bit like a trump card broker.

But after listening to these cities, he didn't hear the city he thought should be ranked first-Nuremberg! This puzzled him a lot. Nuremberg was an old city, and it should be second only to Munich in terms of reputation. He was referring to Bavaria.

So I asked, "Why is there no Nuremberg? If I remember correctly, it should be the second largest city in Bavaria, right? No matter in terms of population or area."

The baron hesitated, "That's right, but Nuremberg's problems are very serious. Although it has the background of a so-called big city, it seems to be no worse than the other cities mentioned before, but its development potential is the lowest among these cities. .”

"Oh? Why is that?"

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