Everything on Real Estate & Asset Allocation

German residential real estate is stabilizing post-correction, but demographic stagnation and regulatory distortions limit real returns above inflation.

Impact: Capital should shift toward owner-occupied housing as a consumption hedge while avoiding over-leveraged rental portfolios in single-industry regions.

— from AI Cycles, Real Estate Stabilization, and EM Index Distortion · Deffner und Zschäpitz – Der Wirtschafts-Talk von WELT· May 12, 2026