As prices for residential real estate in Berlin are seeing an ever upward trend, more and more people are asking themselves: “What are the reasons for this boom?”. Is it just the high level of demand for apartments in the capital? Are so many millionaires moving there? Is there no investment alternative as a consequence of low interest rates? Is there not enough new housing construction? The answers differ according to the political allegiances of the respondents. One side rails against the investors, the other against an inactive public administration; others blame the global market and the low interest rate phase, before going on to praise the security which Germany offers international investors. [...]
This article was originally published in German only. A summary in English is available.