Berlin's housing market set for growth
Berlin's housing market set for growth
- 2007
- EuroProperty 2 April 2007, 14(1) .
Suggests that Berlin's policy of selling flats has not been too successful for investors hoping to sell them to tenants: rents are too low and tenancy rights are too strong to attract many tenants to buy. However demand for housing in Berlin is set to rise as more people move to the capital and households become smaller. Rents have bottomed out and are probably set to rise, particularly on the outskirts of the city.
BERLIN
Suggests that Berlin's policy of selling flats has not been too successful for investors hoping to sell them to tenants: rents are too low and tenancy rights are too strong to attract many tenants to buy. However demand for housing in Berlin is set to rise as more people move to the capital and households become smaller. Rents have bottomed out and are probably set to rise, particularly on the outskirts of the city.
BERLIN