In Berlin rents increased by 41 percent in 7 years

Berlin is number one price boost

by Peter Guthmann Published on:

Berlin (dts news agency) – Nowhere in Germany in the past 7 years the rents increased as much as in Berlin. With an average raise of 41 percent the capital is the top hot spot says the real estate site "Immobilien Scout 24" on the day of German unity. With the increase of purchase prices it’s getting obvious:  Today berlin real estate has 57 percent more value than in 2007. The second place with the highest increase in lease and purchase price is Hamburg. If you set aside the German Capital, 25 years after the fall of the Berlin wall a clear west-east decrease in terms of prices can be seen. Main reason is the considerably lower income per capita in in the “new” federal states.