This is a really great point. And not only 'would' take a 50-75% paycut - they already do this en masse. Another thing that is important is the ridiculously lo

This is a really great point. And not only 'would' take a 50-75% paycut - they already do this en masse. Another thing that is important is the ridiculously low rent. Seems to be ~75% cheaper than London. Many people in London/NY/SF/SV pay a whopping proportion of their salary into rent, so if you take a €2k/month paycut but end up spending the same amount less in rent, everyone's winning. As nearly every startup hub is really struggling with insane rents, Berlin could be a serious competitor here. I think Berlin's property market will have enough slack to take on a fair bit of population growth, too.