I live in Berlin. While a lot of press revolves around the rent costs, owning an apartment or home is getting extremely expensive and out of reach for many.
Rents are kept somewhat in check but the buying market is insane. I can rent for less than 1000€ something that would cost more than 350-400k€ to buy, especially when you add the usury 7.14% commission tacked on by the real estate agent and 8% closing fees.
average rent has gone up 42% since 2012.
that is ridiculous.
berlin is closing in on hamburg which is notoriously expensive..
Autotranslation of the title "From 4 to 17 euros: So expensive is living in Germany really"
It is not entirely clear to me, from the article - is the rent figure specified on a per month basis?
Germans pay rent on a per month basis. The prices mentioned are in €/sqm/month.
And quadratmeter means square meter. Useful for interpreting these numbers.
For anyone translating this, try using Deepl instead of Google Translate.