Boom Duitse huizenmarkt gaat Merkel pijn doen

Taxi driver Michael Ruedor lived for 20 years in a downtown Berlin apartment close to Checkpoint Charlie before rising rents forced him out.

“Only millionaires are in my building now,” Ruedor, 56, said in an interview last month. The native Berliner moved two years ago to the suburb of Britz, about 8 kilometers (5 miles) south of the central Mitte district that he used to call home.