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A good and secure home - Degewo

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© SenStadtUm<br />

Dear Berliners,<br />

Berlin is becoming ever more interesting in its role as the German<br />

capital <strong>and</strong> as a prime location for culture, education,<br />

science <strong>and</strong> research. People from all over the world visit our<br />

city as tourists, stop here for a longer sojourn or decide to<br />

stay here permanently. This is a great enrichment for our city<br />

life. It creates jobs, strengthens our future prospects <strong>and</strong> allows<br />

our city to grow.<br />

However, these manifold opportunities are accompanied by<br />

certain side effects, primarily affecting the housing <strong>and</strong> real<br />

estate market. Growth makes prices rise. Rents in our city are<br />

still far from those charged in other German cities or European<br />

metropolises. Yet still the currently occurring price increases,<br />

to be observed with rental contracts for new property<br />

in particular, are a cause for concern. They cause a<br />

decrease in the supply of inexpensive rental dwellings, upon<br />

which those households in particular are dependent which<br />

due to their personal or family situation cannot currently<br />

profit from the opportunities offered by our city’s growth.<br />

These rent increases limit the choice for “starting households“<br />

which are still in a phase of education, career entry or<br />

starting a family.

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