Prices are rising quickly for German university students now looking for a place to live. Rising numbers of students in Germany is impacting the price of rents, according to Handelsblatt, which reports that 20 percent of the total student body will study this year in Berlin, hamburg, Munich and Cologne. It writes that shared rooms in these cities cost more than €600, while Frankfurt comes second at €480, followed by Hamburg and Stuttgart at €450. The daily was quoting data from the Moses Mendelssohn Institute which studied data from 67,000 offers. MMI claims that the property prices in some cities are simply too expensive for a student body that has a monthly budget of between €600 and €1,000. The current number of students in the country has risen 45 percent over the last 10 years to 2. 8 million.
