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It's true what you say but having spent a reasonable amount of time in Asia I always wonder why we don't build higher here in Berlin. There is a huge housing sh
by rorykoehler 11y ago
It's true what you say but having spent a reasonable amount of time in Asia I always wonder why we don't build higher here in Berlin. There is a huge housing shortage and they wanted to build apartments on Tempelhoferfeld. That is just absurd when there is tons of prime but underutilized real estate on Köpenickerstrasse. It would probably be possible to completely (albeit temporarily) relieve Berlins housing crisis by building up the derelict areas along the river with 30+ level towers. That way it would be possible to preserve the pristine park and semi-wild greenery that helps make Berlin such a wonderful place to live.
- Mithaldu 11y agoAt a guess: Because Berlin's housing market is very cheap and prices can't be easily raised, so there isn't much money available for building up.
- rorykoehler 11y agoI'm not an expert but is it really more expensive to build up rather than out given the state of technology today? Surely the cost of land alone is enough of an incentive to build up? Also Berlin's real estate market is increasing in price steadily. There is huge competition for every rental flat on the market inside the ring. This seems like a good opportunity to increase volume to meet demand as would happen in a perfect market. I would imagine the increase in volume (and the revenue that comes with it) would alone be worth building up?