Real Estate in East Germany: How Have Prices Evolved? – Business

Rents and purchase prices in the East are no longer increasing only in Berlin and Leipzig. But what does that mean? Deserted towns and others suddenly more desirable than ever.

By Steffen Uhlmann

Helmar Krüger wants to leave. Better today than tomorrow and preferably outside the city. The 43-year-old Berliner has just become a dad for the second time. And now his 60-square-meter 2.5-room apartment is packed. But there is no bigger apartment in Berlin. At least not for Krüger, who works hard as a cook, but the only employee cannot raise a base rent of more than 700 euros with his salary. His real name is actually different, but he prefers not to publish his real name.

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