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a better life as millions to the big cities has power the world economy generating an unbelievable seventy five percent of global g.d.p. today but city dwellers compete for foldable housing for example and that is a problem today here are made in germany big cities on the move. the laws of economics say supply and demand determine the price of a good if many people want to live in say berlin and housing is scarce you have to blow a big chunk of your income on your rent for decades berlin has been a happy place rents were famously low ten years ago for example tenants paid five euros per square meter today it s nearer ten compared to other big cities around the world in paris you pay twenty six years and in singapore you have to fork out three times as much as the average berlin bus proper to develop developers have discovered this lucrative market and show little respect for the fact that every
don t like it. the government and the senate who are doing nothing about this vote and we need to shout about doing something about it to. make. the company s website openly states its business model the acquisition renovation and optimize ation of properties to drive further reinvestment into the portfolio. and while the properties are being optimized so is the company s tax bill as revealed in the paradise papers. please send its profits to offshore accounts on the english channel island a tax haven and the company owns a range of buildings in berlin. the bell in real estate market is currently one of the most attractive in europe property prices and rents have risen continually over the last two decades with investors from around the world
descending on the city looking for easy profits vienna based as in most buying properties over ten years ago. it s still cheap compared to other major cities but we estimate that berlin will catch up with the rest so it makes sense to compare prices with other places. there s still plenty of scope for increases a lot of other cities underwent that process decades ago and berlin is only doing so now it s happening at an extremely fast pace so we can understand why some people find it daunting. that has some up in development research is worried and their eyes the conflicts between investors and residents jeopardize livelihoods and neighborhood stability. you can blame private property owners and investors for pursuing investment products on the real estate market by their economic logic if
a research institute or an airport for example digitalisation give city dwellers new opportunities to enhance the urban experience. living space becomes a sort after commodity more and more people are starting to realize that small actually beautiful micro flats might be a remedy for the housing crisis the tiny house movement is a trend that is coming soon to a city near. how much space do we need to live in. works in theater in berlin and he thinks we don t need much he lives in what s known as a tiny house on wheels. the scooter is cool the thing is that as soon as you enter you re in the bedroom the living room the kitchen and the hallway at the same time or in through a. dozens and it s assigned so that everything can be folded up and unfolded when