And the asking price? £1,500 (US$1,940) per month for the 27-square-meter flat, according to estate agent Foxtons. CNN contacted the company -- one of London's leading realtors -- but it declined to comment on the price or how much interest the ad had generated. [...]
This week, Berlin became the first city in Germany to freeze rent prices for the next five years. The price cap will affect around 1.5 million rented homes -- 90% of all rental households in the capital, Berlin's Department for Urban Development and Housing told CNN. [...]
Just over a quarter of Londoners -- around 2.4 million people -- rent privately. And they're spending an average 37% of their income doing so, a spokesman from the Mayor of London's office told CNN.
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