Global housing crisis: are we heading for disaster?

Synopsis

Access to affordable housing is increasingly threatened in cities worldwide, exemplified by Berlin's housing crisis. Tenants have protested a 42% rent increase over five years, attributing the surge to private equity firms and landlords. In 2020, the Berlin government attempted to implement a five-year rent cap, which was later overturned by a federal court, leaving many residents, like Heinz Jurgen, struggling with unaddressed housing issues. As homelessness rises, the urgent need for effective solutions to the global housing crisis becomes increasingly apparent.