2 ms·
Berlin is unique in that this city has some very tough housing laws. You're better off being a renter than an owner. Because of that flippers and investors have
by yardie 11y ago
Berlin is unique in that this city has some very tough housing laws. You're better off being a renter than an owner. Because of that flippers and investors have shied away.
I can't remember where I heard but the city controls the rental rates. Don't want to pay more for a property than you can recoup. And you don't want to leave it unoccupied less you come back to find it squatted; and they have rights as well.
Because it is so highly regulated its not a great investment.