Exploding Urbanization

Affordable living is becoming a hot topic in more and more cities.

In booming metropolises like Munich, London, and San Francisco there is an acute housing shortage. This is due to the simultaneous processes of increasing urbanization and exploding real estate prices. The middle class, in particular, is finding itself in a tight position. They can often no longer afford market prices, but also have an income too high to qualify for subsidised housing. The result is the middle class gets pushed to the edge of the cities or into the surrounding countryside. But there is increasing resistance in cities such as Munich, where there are growing social groups that oppose the constantly rising housing prices.