Berlin: rents keep rising

Last year, the rents in Berlin have increased on average by 4.5 percent. In the two-year comparison, rents soared, up nearly ten percent higher. This is from the residential market report presented yesterday by the housing company, GSW and the consulting firm CB Richard Ellis (CBRE).

"The Berlin housing market is very attractive," concludes GSW-chief Thomas Zinner. The main reasons for rent increases are according to CBRE evaluator Michael Schlatterer the low construction activity in recent years and the significant increase in the number of households. According to the report on the Housing Market by IBB also published this week ,

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

Berlin Insider Tip: Französisch-Buchholz

Properties in Berlin are becoming increasingly popular. On the northern outskirts of the capital French-Buchholz, part of Pankow, has become a popular residential area. Several thousand new homes in Berlin were created here, much of which are townhouses in looser construction, with spacious green areas with plenty of space for children.

French-Buchholz is also attractive due to

Real Estate Investments: Become A Provider Of The Poor

"Deka prediction: Yields continue falling, but rents won't rise before 2011"

This headline was in the press today. Now you would ask: how is that? How can yields fall, are prices rising? Well, yes. Actually this is a very bizarre moment. The prices are rising because people do not know what to do with their cash. Sounds like a luxury problem. But this is true for everybody. What will you do with, let's say, 25,000 EUR?