{"title":"Real estate bank lending in Germany — a status quo in early 2004","authors":"Elfi Garthe","doi":"10.1002/bref.119","DOIUrl":null,"url":null,"abstract":"<p>Throughout 2003, market participants complained about an increasing ‘credit crunch’ in Germany and about an unprecedented reluctance of banks to grant loans, especially for real estate transactions. This paper looks at an explanation of this development and reflects the opinion of the author that Germany is far away from a credit crunch, ie banks not having the liquidity to grant loans. What has led to the present situation is a coincidence of three very significant changes in the market at the same time:\n\n </p>","PeriodicalId":100200,"journal":{"name":"Briefings in Real Estate Finance","volume":"4 1","pages":"37-49"},"PeriodicalIF":0.0000,"publicationDate":"2006-07-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1002/bref.119","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Briefings in Real Estate Finance","FirstCategoryId":"1085","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1002/bref.119","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 2
Abstract
Throughout 2003, market participants complained about an increasing ‘credit crunch’ in Germany and about an unprecedented reluctance of banks to grant loans, especially for real estate transactions. This paper looks at an explanation of this development and reflects the opinion of the author that Germany is far away from a credit crunch, ie banks not having the liquidity to grant loans. What has led to the present situation is a coincidence of three very significant changes in the market at the same time: