4 ms·
Might be 'cheap' compared to London but Berlin has seen considerable year-on-year price increase every year for the past 5-10 years. Real estate here has proba
by ido 10y ago
Might be 'cheap' compared to London but Berlin has seen considerable year-on-year price increase every year for the past 5-10 years.
Real estate here has probably never seen such high & sustained price increases in modern (post WW2) history- in many desirable neighborhoods prices have increased by 10%+ YoY every year for a decade, which was previously unheard of (Germany has traditionally had a very stable real estate).
- spriggan3 10y agoThat's a phenomenon that happens in every big city in Western Europe unfortunately. At least the cost of living besides rent is still cheap in Berlin, unlike cities in northern Europe.
- wtvanhest 10y agoIt is happening in almost every major US city as well. Boston, SF, NYC, DC, even downtown Orlando. Millennials are trading in the suburbs for cities.
- SEJeff 10y agoCare to recommend somewhere better? I'm a US based person, but travel to Berlin fairly often and have interacted with several tech friends there in the local scene. It is a surprisingly vibrant and friendly community. Coworking also seems to be a really big thing there. So, price aside, it is still cheaper than any major US city (especially with the current USD <--> EUR exchange rate), London, and anything else I personally am aware of.
- ido 10y agoI would still recommend it, just not expect it to be crazy cheap like it once was. The big eastern eu cities should generally still be cheaper and some of them are pretty nice (e.g. Prague). I hear east Asia is much cheaper still.