Dies ist der Preisindex für Malta House. Kurz gesagt: Die Immobilienpreise explodierten zwischen 2004 und 2008, zogen dann ab und gingen um 2008/2009 aufgrund des internationalen Crashs leicht zurück, doch später im Jahr 2014 schossen sie buchstäblich in die Höhe. Das gibt es jetzt schon seit über 10 Jahren.
Glauben Sie, dass dies nachhaltig ist? Wir werden eines Tages bald einen Höchststand erreichen und die Blase platzen? Oder nicht?!!!!! Was denken Sie?
https://i.redd.it/sqb7a0yyo6zf1.jpeg
Von MaltaGuy987
9 Kommentare
My bad for not buying a house when I was 4 damm.
If we were any other country I would say yes, but what is the difference between us and any other place is the limited space we have, so personally no I don’t think so unless all foreigners leave malta overnight… if that doesn’t happen, which lets be frank will not, than pricing will continue rising.
Mhix sostenibbli.
Honestly at this point I don’t even care.
We have a government that is celebrating a literal loss and instead of trying to get money for our country, is happy we owe 5 million.
Fuck them, fuck this country and fuck everything.
The increase has been remarkable. The pace of property appreciation is not sustainable in the sense that the growth will start slowing at some point in the future as it exceeds income growth.
That said we are not nearly there yet. We’ve seen in other countries with similar dynamics such as Gibraltar, Hong Kong, Luxembourg etc that property prices can increase to significantly higher % of disposable income than Malta, and people are willing to accept it before they start leaving the country.
It’s a question of supply and demand, and the government encourages signficant further development to meet the demand, should this ever change and the pace of building ever slow down as Malta runs out of space, then price increases would accelerate significantly.
Overall I would guess we have at least 10-20 years of future continue growth at this pace before any signs of a slowdown.
The problem is not necessarily the appreciation of property as an asset, I believe the market is accurately pricing it.
Our wage stagnation/ lack of appreciation is the real issue and is what is making the assets unattainable.
Now, we could choose to not make our property market international anymore and only allow domestic investment, this would slow down the appreciation greatly imo. ( look at Eastern European countries like Hungary and Poland which saw similar booms in RE value when opening to international markets)
However if I’m being real, we Maltese people had a giant head start in this, mintoff gave houses for free too that are now worth close to a million in Pembroke, if ur Maltese and ur family does have a property to your name its just natural selection.
AI POWERED HOUSIN BUBBLE BRO strikes again!!
instead of focusing on locals for the buyers they will focus on china/rus/us millionares as what happened in central London.
It depends:
– will MGA and MFSA completely lose their relevance? MGA licence already lost access to all the important markets, MFSA suffers a lack of development compared to other countries (if it didn’t change recently, we still don’t have sepa instant infrastructure directly with the central bank). If the two business that offer the best wages decide to relocate elsewhere (poor talent pool in Malta, better bureaucracy and tax environment elsewhere), this would drive a decline if not a collapse. If you have to pay 1300 a month for the mortgage of your third flat and no one can pay that price, well…
– will poor tourists stop coming? Apparently the Maltese decided that they are ok with being invaded by hoards of low-spending people during summer. If there is a bigger crisis in Europe, these people will be the first to have to stop unnecessary spending (such as travel and leisure). High spenders have already been lost due to a lack of infrastructure and terrible management.
– will Maltese people realise that there are products with better ROI and less fixed costs?
If these three things happen at the same time, there will be a collapse.
If one of the three happens, there will be a decline or prices will go down in nominal terms.
If none of these happen, I suppose the price will keep going up together with inflation. Flat prices are already very high compared to the average income, there isn’t much value to extract from renters anymore.