Thanks partly to the former mayor dubbing Berlin “poor but sexy” back in 2003, the city has drawn a large community of creatives, including artists and musicians, for a decade and a half. Its artsy appeal and extremely low rents, in comparison to its European counterparts, have also attracted a new wave of entrepreneurs fueling the city’s startup scene. Along with foreign investments, this influx has ramped up property values, earning Berlin the top spot on a global list of cities with the fastest-rising property prices. Which can be tough for the creative types.
VICE News spent a day with a comedy club owner to see how he keeps his venture running in a city where costs are inching up.
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