Real estate companies are cashing in big in Berlin. Tenants are struggling to keep up, because they can't afford the rent after a building's been renovated. They move out, and the price goes up.
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.
After visiting Beijing, Malaysia's PM Mahathir has canceled a number of Chinese infrastructure projects, saying his debt-ridden country cannot afford them at this moment. Will the move sour Malaysia's ties with China?
In Berlin big real estate investment companies are facing ever more backlash from locals who fear higher rents or being pushed out of the city center. Is there still a future for grand real estate speculation?
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