Real Estate Compass: Mei, Munich – Purchase prices are rising, rents are rising without end | Capital+

The Angel of Peace overlooks Prinzregentenstraße in the Altstadt-Lehel district
© dpa / Picture Alliance
Because of the housing shortage, rents in Munich are rising dramatically. Purchase prices are also rising again. Residents and infrastructure are gradually reaching their limits.
At least the people of Sendlingen haven't lost their sense of humor. The pink plastic flamingos that have temporarily moved into the flooded construction pit prove this. This used to be a supermarket parking lot; now it looks like an oversized swimming pool. Hundreds of people were supposed to live here, in the luxurious new building block not far from Theresienwiese in the heart of Munich. So far, however, there's only this multi-story hole.

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