Berlin lost over 1.5m inhabitants in the time since 1945 to its lowest point after reunification (due to being a divided city without much industrial jobs).
At it height 1 in 5 apartments were empty in Berlin which pushed rents down below 4 EUR per square meter. A 3 bedroom apartment for less than 500 EURs a month. This was de-gentrification the parent mentioned.
Since 2010 population grew and now Berlin has housing shortages like every other capital in Europe. Rents now top 20 EUR per sqm.
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Berlin lost over 1.5m inhabitants in the time since 1945 to its lowest point after reunification (due to being a divided city without much industrial jobs).
At it height 1 in 5 apartments were empty in Berlin which pushed rents down below 4 EUR per square meter. A 3 bedroom apartment for less than 500 EURs a month. This was de-gentrification the parent mentioned.
Since 2010 population grew and now Berlin has housing shortages like every other capital in Europe. Rents now top 20 EUR per sqm.