I live in Berlin. While a lot of press revolves around the rent costs, owning an apartment or home is getting extremely expensive and out of reach for many.
Rents are kept somewhat in check but the buying market is insane. I can rent for less than 1000€ something that would cost more than 350-400k€ to buy, especially when you add the usury 7.14% commission tacked on by the real estate agent and 8% closing fees.
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[ 3.6 ms ] story [ 25.8 ms ] threadberlin is closing in on hamburg which is notoriously expensive..