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> And it's not just Munich. Every city in Germany has this problem. That's nonsense. Larger Munich is the most expensive place to live in Germany (except for t

> And it's not just Munich. Every city in Germany has this problem. That's nonsense. Larger Munich is the most expensive place to live in Germany (except for the island of Sylt), and has been for many years, but is still nowhere near London, NYC, or SF. In contrast, you can purchase entire houses in abandoned (but well connected) places in east Germany for as little as 10k EUR.

ricardobayes 4y ago
Why is the area around Dresden so affordable compared to others? I've seen ready to move in single family houses for 70k.
- dan00 4y ago
  The wages in east germany are still quite a bit lower compared to west germany.
- est31 4y ago
  A lot of people leave the east in general, while a lot of people come to Munich. Tech is an exception here.
- jonp888 4y ago
  The openly racist, climate change denying, far right Alternative for Deutschland party won almost all districts in the last federal elections. It was the launching pad of the anti- Islam PEGIDA movement, and had the lowest covid vaccination levels and consequently the districts with the highest number of cases. The economy isn't great either. Geographically it's kind of a dead end, and transport links are fairly poor, so few companies want to locate there. Would you want to live there?
  - swah 4y ago
    The worse parts of Germany might be better than most of the 3rd world so...
justincormack 4y ago
There were reports last year that per square meter Munich is more expensive for property than London (but less than Paris) https://www.tellerreport.com/business/2022-08-26-real-estate-prices--munich-is-even-more-expensive-than-london.BJf_541U1j.html https://www.tellerreport.com/business/2022-08-26-real-estate... - that probably covers a range of prices of course, and other costs are lower.
LeanderK 4y ago
I bet the other places he looked at was London, Paris, Amsterdam and Copenhagen. Of course in a cool part of the city. The reality is just that many would like to live in munich but it's just very expensive because of this. Many can't pay this. His girlfriend makes a lot with 75k, so they should be able to find something but you have to be realistic in this city but you have to adjust your expectations.

ricardobayes 4y ago

Why is the area around Dresden so affordable compared to others? I've seen ready to move in single family houses for 70k.

dan00 4y ago
The wages in east germany are still quite a bit lower compared to west germany.
est31 4y ago
A lot of people leave the east in general, while a lot of people come to Munich. Tech is an exception here.
jonp888 4y ago
The openly racist, climate change denying, far right Alternative for Deutschland party won almost all districts in the last federal elections. It was the launching pad of the anti- Islam PEGIDA movement, and had the lowest covid vaccination levels and consequently the districts with the highest number of cases. The economy isn't great either. Geographically it's kind of a dead end, and transport links are fairly poor, so few companies want to locate there. Would you want to live there?
- swah 4y ago
  The worse parts of Germany might be better than most of the 3rd world so...

justincormack 4y ago

There were reports last year that per square meter Munich is more expensive for property than London (but less than Paris) https://www.tellerreport.com/business/2022-08-26-real-estate-prices--munich-is-even-more-expensive-than-london.BJf_541U1j.html https://www.tellerreport.com/business/2022-08-26-real-estate... - that probably covers a range of prices of course, and other costs are lower.

LeanderK 4y ago

I bet the other places he looked at was London, Paris, Amsterdam and Copenhagen. Of course in a cool part of the city. The reality is just that many would like to live in munich but it's just very expensive because of this. Many can't pay this. His girlfriend makes a lot with 75k, so they should be able to find something but you have to be realistic in this city but you have to adjust your expectations.