In Germany real estate became significantly cheaper in many parts (not all, not e.g. Berlin or Hamburg). In my north German mid size city we had ~15 percent price reduction in the last 2 years. In our neighbour city they even had 25%.
On the other hand, I know people who sold their houses when prices where high, invested their money and are happy renters now. It apparently can be a lot better financially according to many experts (here in Germany, no idea about the US).
In Germany real estate became significantly cheaper in many parts (not all, not e.g. Berlin or Hamburg). In my north German mid size city we had ~15 percent price reduction in the last 2 years. In our neighbour city they even had 25%.
On the other hand, I know people who sold their houses when prices where high, invested their money and are happy renters now. It apparently can be a lot better financially according to many experts (here in Germany, no idea about the US).