Wednesday, December 15, 2010

Berlin: Rents are going up twice as fast as consumer prices.

Berlin is facing a shortage in housing, consequently the rents are going up. What could be the solution? Again public construction? Wasn't it just a couple of years ago that the Senate demolished housing blocks? Now they could be used again. At least investors are happy. They can choose from a - sometimes long - list of applicants for a flat in the center of Berlin. What will happen to those living from welfare? Will they not find a place anymore? At least, this is sure, not in the center. 

In many other cities this is