realestate
More than 360,000 square metres of housing owned by the German federal government are vacant amidst a severe lack of housing in many German cities, information obtained by dpa showed. The properties amount to around several thousand flats which are supposed to house federal employees, according to the information. The government's property agency BIMA owns more than 18,000 square metres of vacant housing in Berlin alone. BIMA is one of the largest property owners in Germany. The figures were revealed in an answer to a parliamentary question from Caren Lay, a member of the Left Party in the Bun...
DPA
High rents in major German cities are a hurdle for companies in the battle for skilled labour, a survey by the auditing firm PwC showed. Many people see expensive housing as a key drawback to living in a big city. As many as one-third of those queried are thinking about changing jobs due to high rents - a small minority actually do so. "This makes it increasingly difficult for employers in metropolitan areas to find and retain skilled labour," the authors concluded. In addition, employees have high expectations of employers to help financially due to high housing costs. For the study, 4,200 wo...
DPA
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