Zombie sites worsen German housing woes


Troubled sector: A construction site in Frankfurt, Germany. Economists predict Germany’s crisis in residential construction will drag on a long time. — Bloomberg

Berlin: Valeriy Shevchenko was getting ready to move into a new three-room apartment in Berlin’s upscale Prenzlauer Berg district before disaster struck.

More than a year later, it’s still unfolding as part of the turmoil in German housing.

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Germany , Berlin , abandoned , rental , housing

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