Germany's Vonovia says housing shortages set to worsen - Rheinische Post


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  • Monday, 21 Dec 2015

FRANKFURT (Reuters) - Vonovia , Germany's largest real estate company, says there is an increasing shortage of affordable and adequate housing as a result of the massive influx of migrants into Europe's largest economy this year.

"Even before the refugee crisis we had bottlenecks, mainly in the major cities. Now these problems are exploding," Chief Executive Rolf Buch told Rheinische Post in an interview, excerpts of which were published on Sunday.

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