Germany, the economical engine of Europe, is slowly grinding to a halt. The shifting economical reality comes with more and more protest against the government.
Not only have voters moved further away from the political mainstream parties to seek both the more extreme left (Greens) and rightwing parties (Afd), Chancellor Ms Angela Merkel is now also losing support with the middle class, who can no longer afford rents in the major cities such as Berlin, Frankfurt, Munchen and Stuttgart. Yesterday there was a major protest march against her government’s willingness to let rents in those cities go up to levels that regular German workers can no longer afford to live in their own major cities anymore.
Organizers claimed 40,000 people attended the central event in Berlin, while the police announced only that the crowd numbered “far more than 10,000.” The protesters marched through several city districts where people feel they are being priced out of their apartments.
“There’s a massive sell-off happening in this city,” Kreuzberg resident Paul Afred Kleinertsaid said at the event. According to him foreign real estate investors are especially keen on raising rents.
“Entire streets have been purchased by Japanese, Norwegian or American consortiums,” Kleinert added.