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Berlin neighbourhood fights gentrification
Renting

Berlin neighbourhood fights gentrification

In an effort to stop luxury renovations that are forcing long-time local residents out of their homes, the local government in a Berlin district will not approve many remodeling requests, including floor heating and building a second balcony.
Rents on the rise in affordable Germany
Economy

Rents on the rise in affordable Germany

More Germans rent their homes than anywhere else in Europe, but it‘s not such an affordable option as it once was, according to a new study released on Thursday by real estate association IVD.