German Deficiency - we explain why we believe now is NOT the time to invest in Berlin
German Deficiency - we explain why we believe now is NOT the time to invest in Berlin
29th June 2006
By Robin Bowman
Why go to Berlin in the first place?
There has been so much hype about property investment opportunities in Germany, and Berlin in particular.
People rave about its high yields and, at the end of last year, about its rosier economic and political outlook.
Put that against the lowest property prices in any Western capital city and an ownership culture where just 12% of the population buys property... and, at first sight, it looks like Berlin is a must for any serious investor's portfolio.
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