As addressed in previous articles, it has taken a while for the eastern and western districts to reach a balance in Berlin’s real estate market. During the decade following reunification, rent was predominantly lower in the eastern part of the city – the first rental contracts from eastern districts reported low lease rates, while buildings previously owned by DDR Municipal Housing remained vacant. However, since the turn of the millennium the situation has begun to stabilise and the last seven years in particular have seen an incredible rise in rental prices.
Continue reading…Continuous Growth in Rental Price Development for Berlin-Mitte…
