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The housing ages as well. Old houses will be torn down and new builds will be regulated to maintain the supply low.
Demographic will definitely also have impact, but so much money is tied in REITs that some sort of bailout is inevitable in case the prices crash.
Yeah it was nice. I didn’t do the highway route because the kid wanted the child-friendly part, but still it was really nice to see so many people in the streets.
There were people coming from other cities as well, riding the whole night to get to Berlin on Sunday. Love it.
By the way, 32k sounds a lot, but in its heyday there were 200k people riding around. Even last year with 50k crowd it was completely different feeling, the inner city almost without cars.