German rents outpace housing loans; Hamburg leads with 2.4% annual rise
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Rising housing costs in Canada are driving a significant increase in basement apartment occupancy, as homeowners rent out underground units to cover mortgages and tenants seek affordable housing. This trend reflects a structural shift in the housing market, with implications for urban planning and housing policy. The scale of the phenomenon is uncertain, but it underscores the severity of the affordability crisis.
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