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The property market in Frankfurt am Main
Frankfurt is the one German market whose prices hang directly on the banking sector — the ECB and the commercial banks shape both housing demand and the rate environment people finance in. The Bankenviertel and Europaviertel supply high-rise new build, while Bornheim and Sachsenhausen hold classic stock. For its weight the city is remarkably compact, which brings the surrounding towns into the buying decision early.
Frankfurt am Main is in the state of Hessen.