ditto the UK. Took virtually no refugees but rents still increasing ... hmmm something wrong with this theory?
Seriously though in the UK we have had immigration over the last 20 years and that must have led to higher demand and prices. Best estimates are about 20% in 20 years in England.
Seriously though in the UK we have had immigration over the last 20 years and that must have led to higher demand and prices. Best estimates are about 20% in 20 years in England.
https://fullfact.org/immigration/have-house-prices-risen-bec...
BUT
English house prices have risen by 320% on average over this period.
Other factors are - getting married later, more single people, more divorced couples, and financialisation of housing.
Probably a similar story in Berlin.