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Author Topic: Housing market report  (Read 46 times)
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TheMunichTimes
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« on: March 11, 2010, 12:00:01 PM »


Munich. The housing market is shrinking so threateningly, that will it change life in Munich. This is the conclusion of a new study that has interviewed experts from 23 real estate companies and cooperatives in Munich, reports tz. The number of affordable housing will shrink dangerously in the coming years, says the report. More and more low-income Munich citizens have to compete for a good place to stay.
 
The rich are pushing out the poor from the center. The consequences are bigger commuting distances and further increases in rents in ...read more on The Munich Times
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