US EditionConstruction Crisis and Rent Madness: Politics Responds with Expropriation Plans
Summary by Tichys Einblick
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More than half a million apartments are missing in Germany. If you are looking for an apartment in Berlin, Frankfurt, Munich, you have to assert yourself against some more than 1,000 other interested parties. Maximilian Tichy talks to Jürgen Schick, honorary president of the real estate association Germany, about the dramatic housing shortage in the country. Schick explains the causes of the most severe construction crisis in decades, from explo…
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