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Berlin actually has a lot of potential supply, there's little geographical restriction and generally good public transport. Zoning laws are also comparably frie
by dx034 9y ago
Berlin actually has a lot of potential supply, there's little geographical restriction and generally good public transport. Zoning laws are also comparably friendly (at least compared to SF and London). But real estate projects still take 3-5 years to complete.
- lopmotr 9y agoThat seems to be a common problem. In New Zealand, especially Auckland, there's a housing shortage so the local governments have relaxed zoning restrictions. But there's also a shortage of builders so they can't build fast enough and housing will stay expensive for years until that catches up.