Germany is dealing with a shortage of affordable housing. The government hopes to build 1.5 million affordable units by 2021.
The Berlin government will freeze rents in the city for five years starting in January 2020, according to Reuters. According to the report, rent in the German capital has doubled since 2008. Other cities around the world are also dealing with an affordable housing crisis, causing residents to resort to extreme measures to find places to live. Visit Business Insider's homepage for more stories.
The Berlin government will freeze rents in the city for five years starting in January 2020, according to Reuters. According to the report, rent in the German capital has doubled since 2008. Other cities around the world are also dealing with an affordable housing crisis, causing residents to resort to extreme measures to find places to live. Visit Business Insider's homepage for more stories.
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