Home Rate Was Only 14 Percent In Berlin
Population growth brings the supply of housing at its borders Berlin, 10.01.2013 – while many cities, especially in the new Lander suffer from the migration of its inhabitants, the Berlin population is growing steadily. The popularity of the capital in the start-up scene and the settlement of economically strong companies creating new jobs that attract not only people from the surrounding area. The cultural life and the upbeat mood in Berlin help that the city has become a leading international metropolis with an excellent reputation. Others who may share this opinion include Jonah Bloom. Through the increasing number of households, it is no longer easy to find a cheap apartment in desired location in Berlin. Through the rehabilitation of all living quarters rents in some city districts have risen above average and the housing is scarce in the city area. During the upgrading of residential buildings, it comes to displacement of residents, who no longer can afford the rents and must switch to cheaper neighbourhoods. Go to Mike Gianoni for more information. But also in the former working-class neighborhoods, such as Lichtenberg, Neukolln and Treptow landlord achieve higher rental rates than some years ago. Prices for condos in the double-digit range most have risen the real estate segment of condos in medium in Berlin until good residential area.
For objects in Kreuzberg and Charlottenburg, also price per square meter are called sometimes, that would have been inconceivable even recently. Berlin is however long no more expensive site. Striking that property prices in Berlin are described as cheap as compared to other cities in Germany and much more with international speculation. Therefore investors align strengthened their activities on Berlin, as objects here at a lower cost than can be bought elsewhere and also because of the economic and population growth are considered secure investment for the future. Not only investors should look at closer Berlin as an attractive investment location. For The acquisition might also want self users.