The city, the tenants and the big sub-economy

By Helena Ott and Carina Seeburg

This is happening in cities all over Germany: some want to increase their money with real estate, others fear that their money is still enough to raise rents. In this case, he plays in the Munich district of Schwabing, the richest woman in Germany also appears. Susanne Klatten had meanwhile invested in a building from the 1950s, but is now distancing herself from her involvement. The case shows how non-transparent money is made with German apartments – and how a strong house community can unexpectedly put a big real estate company under pressure.

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