Modern Berlin is experiencing soaring rents, which increased 85% between 2007 and 2019. This is impacting the population, of which 80% rent their homes. The demand for housing will only continue as the city is expected to grow further tightening the housing supply. This makes projects like PATRIZIA’s Havelufer Quarter all the more critical.
More than half of the world’s population – 4.5 billion – now live in cities, a figure expected to rise to 7 billion by 2050. The future of humanity will clearly be urban, but the challenge will be to ensure cities will be liveable.
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