Photo Gallery: Rising Property Prices in Germany
Foto: Arno Burgi
Fotostrecke

Photo Gallery: Rising Property Prices in Germany

A Ghetto for the Jet Set Munich Faces Dark Side of a Housing Boom

Munich has the highest rents and real estate prices of any major German city. Luxury renovations are changing the face of entire neighborhoods, while lower-income residents are being driven out of the city. But not all are willing to let the rich take over the city without a fight.
Translated from the German by Christopher Sultan