The age of cheap loans has well and truly dawned. Germany in particular is witnessing a building boom with Berlin at the epicentre. Experts predict an ongoing real estate boom, with some already warning about a bubble.
Report by Christian Pricelius
Germany's cities are facing a crisis: They're just too popular. Living space is getting increasingly tight; property values and rent prices are skyrocketing. But the city of Ulm might just have the solution.
Berlin property prices skyrocketed in 2017, outpacing all other major centers, according to a new report. Three other German cities also ranked in the global top 10.
Investor Warren Buffett's real estate arm has entered into a franchise deal with a firm that sells high-end Berlin apartments. But one property analyst told DW that the billionaire may have missed the property boom.
Amid intense rivalry in the grocery business, Aldi Nord says it wants to put apartments above some of its supermarkets. Real estate in the German capital is at peak demand, amid high immigration and a lack of new homes.
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