Germany's housing sector slumps into crisis

Valeriy Shevchenko felt like he made the purchase of his lifetime when he beat a queue of prospective buyers to secure a two-bedroom apartment in one of Berlin's most popular districts.My money is the fruit of my labour," said Shevchenko, who had already paid up 250,000 euros ($266,100) for the apartment he bought for half a million euros. 

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