I am new to house price crash and was interested to read through the Berlin based comments.
Being a brit living in the city, I moved here, bought and renovated three flats to turn into one several years ago using funds raised from a property on a someone less appealing S.Manchester housing estate. After realizing the potential for others, I set up an agency to advice investors form abroad (was also working in property in the uk).
If anyone is interested, we specialise in aiding small scale investors, and promote auctions. Check out our web site which has lots of info at: www.berlinprofile.com
Or make contact if you have any general questions.