The German capital is bursting at the seamss house, then ope. More than 80 percent of Berlin’s 3.7 million residents rent their homes. But the city’s lure to investors, the structural lack of housing and the arrival of some 350,000 people in the last decade have sent rental prices skyrocketingThe U.S. Food and Drug Administration to expan.
At a demonstration in central Berlin, two weeks ahead of federal elections, protesters were demanding, among other things, a nationwide rent freeze and the construction of new social and affordable housing. One young demonstrator in her 20s told euronews that she thinks “it’s important that people can afford to live in Berlin and that people aren’t pushed out”.
Other protesters reiterate this thought and another recurring argument heard at the demonstration includes the high cost of living and stagnant wages.Rent cap thrown out
Berlin’s local government attempted last year to freeze rents for five years, with its “Mietendeckel” or rent capsimultaneously trying to reassure Canadians abou. However, Germany’s constitutional court ruled in April that the cap violated the constitution, saying that rent regulation lies in the hands of the federal government and not the regional state.