Insights into the Berlin real estate market by @BLIBerlin -
Prices in Berlin have risen 2-4% in 2020, in spite of the corona crisis.
Many people are choosing to move to the Berlin suburbs for more space and lower rents / prices, encouraged by flexible work policies
There is an influx of expat Germans returning home due to covid19 and political instability in the US. Many are choosing Berlin.
Even with the #Mietendeckel, Berlin remains attractive for buyers because of its political and economic stability
Commercial properties are suffering in Berlin with businesses struggling to stay afloat.

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More from @BerlinEstate

17 Oct
2020 Berlin real estate report just released by @GuthmannEstate - for apartment rentals and buyers 1/n
Rental offers have declined by 65% y-o-y. 4k offers as of Sep. This decline coincides with the #Mietendeckel coming into effect as landlords pulled listings.
Historical offers of 12-15k rentals/month. The 5-8€/m range makes up less than 20%, and the 14€+ at 30%+ of offers
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