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Save Berlin:renters Vs The System

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Interesting fairly long article on how landlords and housing companies are trying to force out long term tenants to try to capitalise from the bubble there,Berlin has been touted for years at the next big thing in real estate, but I would day compared to other capital cities Berlin is poor as wages are much lower and there's not that many jobs.

Compared to more expensive German cities, not to mention London, Paris or New York, Berlin apartments remain a steal. In London people spend 59 percent of their income on rent, in Munich it’s 28.6 percent and in Frankfurt am Main it’s 31.1 percent. Berliners only spend 27.4 percent of their earnings on rent, although due to lower salaries they are left with less disposable income.

Still, the affordability and spaciousness of Berlin apartments helped add an extra 41,000 to the city’s population in 2012.

http://www.exberliner.com/articles/save-berlin%3A-on-the-home-front/

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In London people spend 59 percent of their income on rent, in Munich it’s 28.6 percent and in Frankfurt am Main it’s 31.1 percent. Berliners only spend 27.4 percent

Says it all really why the UK economy is fukked...

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  • 239 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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