3 ms·

Interesting! How did the housing surplus come about?

• wheels 18y ago
  A lot of people left West Berlin when the city was divided and a lot of people left East Berlin right after reunification. The massive housing surplus that resulted caused housing costs to sink and cheap housing made the city a mecca for alternative culture. Cost of living probably doesn't even hit a quarter of Paris or London. Here's an article from 6 years ago that's somewhat dated, but still gives you a feel for things good and bad: http://www.businessweek.com/magazine/content/02_23/b3786132.htm http://www.businessweek.com/magazine/content/02_23/b3786132....
  • DanielH 18y ago
    Berlin is really something to consider if you start in Europe... ;)
    • ericw 18y ago
      we are running a music-related startup out of berlin (soundcloud.com) and it's really great in terms of costs & quality of life. If you're in Berlin, make sure you have business elsewhere, because the city in itself is quite poor. It's almost like outsourcing to east Europe, but you have a lot of credibility in the west still...