Imagine a $28K fee for furniture. The reality for Berlin renters is ugly

Two months after passing a referendum to control rents, Berliners are battling extreme leasing fees, which include thousands of dollars upfront for furniture, appliances and kitchen cabinets. Continue reading

Twitter applauds as Berlin votes to wrestle apartments from landlords

“All those in favor of expropriating every house that Zillow owns, say aye,” tweeted one American as Berlin’s vote to seize 240,000 apartments rippled across the globe. Continue reading

Is Purplebricks on the verge of being taken over?

Berlin-based Axel Springer publishes a number of European newspapers and also owns U.S.-based website Business Insider and its offshoots. The company previously invested $177 million in Purplebricks, which was used to fund the brokerage’s expansion bey… Continue reading