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Germany's Housing Market Is Hot. Is It Overheating?

Berlin's Prenzlauer Berg neighborhood, like many others across the city, is experiencing a real estate boom. Housing prices have risen by as much as 20 percent in the past year in some German cities. (Getty Images)
Berlin's Prenzlauer Berg neighborhood, like many others across the city, is experiencing a real estate boom. Housing prices have risen by as much as 20 percent in the past year in some German cities. (Getty Images)

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