Annaberg-Buchholz is a town in the Free State of Saxony, Germany. Lying in the Ore Mountains, it is the capital of the district of Erzgebirgskreis. The previously heavily forested upper Ore Mountains were settled in the 12th and 13th centuries by Franconian farmers. Frohnau, Geyersdorf, and Kleinrückerswalde—all now part of present-day town—are all attested from 1397. The most well-known personalities associated with Annaberg-Buchholz include Adam Riese, the “father of modern arithmetic”. read more…
Johann Wolfgang von Goethe by Joseph Karl Stieler in 1828
Johann Wolfgang von Goethe was a German poet, playwright, novelist, scientist, statesman, theatre director, critic, and amateur artist. His works include: four novels; epic and lyric poetry; prose and verse dramas; memoirs; an autobiography; literary and aesthetic criticism; and treatises on botany, anatomy, and colour. He is considered to be the greatest German literary figure of the modern era. read more…
The German Unity Day (German: Tag der Deutschen Einheit) is the National Day of Germany, celebrated on 3 October as a public holiday. It commemorates the anniversary of German reunification in 1990 when the Federal Republic of Germany (West Germany) and the German Democratic Republic (East Germany) were unified, so that for the first time since 1945 there existed a single German state. The German Unity Day on 3 October has been the German National Holiday since 1990, when the reunification was formally completed. An alternative choice to commemorate the reunification could have been the day the Berlin Wall came down: 9 November 1989, which coincided with the anniversary of the proclamation of the German Republic in 1918, and the defeat of Hitler’s first coup in 1923. However, 9 November was also the anniversary of the first large-scale Nazi-led pogroms against Jews in 1938 (Kristallnacht), so the day was considered inappropriate as a national holiday. (November 9 in German history.) Therefore, 3 October 1990, the day of the formal reunification, was chosen instead and replaced the “Day of German Unity” on 17 June, the national holiday of the Federal Republic of Germany from 1954. read more…
(Latest update: 15 April 2021) First, there is not THE real estate market – not national and certainly not international. In fact, the market situation is very fragmented due to the general conditions, in other words, many individual markets, collectively referred to as “the market”. Metropolitan Area A faces different challenges than Metropolitan Area B and Metropolitan Area C can not even understand what A and B are talking about. Where there is comparability, is the housing situation in the “affordable segment” in urban centers in all western EU states, the US and Canada. This is where the call for the state, which should intervene regulatively, quickly becomes louder. In free market economies, however, this is on the one hand not wanted and therefore on the other hand, only limited possible. That’s pretty okay, because the market is inherently profit-oriented and that’s just what it will stay, otherwise investment incentives for new construction would sooner or later be completely absent. The “rental price brake” (Mietpreisbremse) exemplifies the problem. At the same time, more and more social housing is being let out of the rental price brake without replacement investment being made. In the following, single aspects are examined in more detail using the example of Germany, whereby the scenarios also apply to other western countries such as the EU states, the US, the United Kingdom, Canada, Australia, New Zealand, but also, e.g., to Dubai and Abu Dhabi in the United Arab Emirates, Hong Kong, Singapore, Tel Aviv in Israel and other emerging metropolitan regions around the world. read more…
(Latest update: 15 April 2021) First, there is not THE real estate market – not national and certainly not international. In fact, the market situation is very fragmented due to the general conditions, in other words, many individual markets, collectively referred to as “the market”. Metropolitan Area A faces different challenges than Metropolitan Area B and Metropolitan Area C can not even understand what A and B are talking about. Where there is comparability, is the housing situation in the “affordable segment” in urban centers in all western EU states, the US and Canada. This is where the call for the state, which should intervene regulatively, quickly becomes louder. In free market economies, however, this is on the one hand not wanted and therefore on the other hand, only limited possible. That’s pretty okay, because the market is inherently profit-oriented and that’s just what it will stay, otherwise investment incentives for new construction would sooner or later be completely absent. The “rental price brake” (Mietpreisbremse) exemplifies the problem. At the same time, more and more social housing is being let out of the rental price brake without replacement investment being made. In the following, single aspects are examined in more detail using the example of Germany, whereby the scenarios also apply to other western countries such as the EU states, the US, the United Kingdom, Canada, Australia, New Zealand, but also, e.g., to Dubai and Abu Dhabi in the United Arab Emirates, Hong Kong, Singapore, Tel Aviv in Israel and other emerging metropolitan regions around the world. read more…
