Berlin’s student housing prices are soaring insanely high

Since 2010, the cost of student housing in Berlin has risen 67.3 percent.

According to a recent report by the German Economic Institute, rent prices for flats in university cities throughout the country have increased between 9.8 percent to a whopping 67.3.

In Berlin, student rent prices have rocketed 10 percent in just one year, slowly eroding the city’s “poor but sexy” image so coveted by international students and young professionals in the last decade. Property prices in Berlin, as a whole, soared almost 21 percent last year, a report by property consultancy Knight Frank found earlier this year …

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