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The truth is that rents in Berlin are exceptionally cheap compared to other major cities. What the article is concerned about is not how current rents in Berli
by drugme 8y ago
The truth is that rents in Berlin are exceptionally cheap compared to other major cities.
What the article is concerned about is not how current rents in Berlin compare to cities like London or Paris. But how they compare to rents in Berlin just a few years ago. Or that is -- the impact of rising rents on, you know, local people.
The only way to keep rents this low in the face of rising demand is public housing that is rented out below market rates to low income tenants, or via a lottery.
There are multiple strategies available, and no one strategy will be sufficient. That was the main point of the article.