This would constitute a major intervention into property rights and would make it more difficult for existing tenants, who have the right of first refusal, to own property. 7. Conclusion  Ladies and gentlemen, let us conclude. We started with the question: Is there currently a price bubble on Germany’s real estate market? For Germany as a whole, the answer is no.
We do not believe the current price increases to be problematic, lending is not rising excessively and credit standards have not been eased. Based on these three criteria, we do not consider there to be a property price bubble.