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As more people move to Berlin, the costs of living will be more like those of London in 10 years from now.

Not necessarily. Rising prices in desirable cities is not a law of nature; it's a political principle, because most Western cities restrict development, leading to supply shortfalls and price rises. Edward Glaeser's The Triumph of the City describes both the political dynamics and their problems well: http://www.amazon.com/Triumph-City-Greatest-Invention-Health...




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