Monday, June 4, 2018

CITIZENS IN THE VARIOUS STATES OF GERMANY HAVE TAKEN THEIR FINANCIAL FRUSTRATION TO THE STREETS TO PROTEST BY DEMONSTRATIONS HIGH RENTING COST IN THE VARIOUS STATES OF GERMANY.


    An estimated numbers of over ten thousand citizens demonstrators have made it to the streets to protest by demonstrations the emerging financial difficulty in Germany's various States attributed to higher renting cost of apartments and houses, particularly for the low income earners and social security dependants. The causes for soaring renting prices have not been  generally specified. However, the domestic media sources and media personnel have generally indicated the ever increasing cost, or expense in modern lifestyle in the Eurozone countries may have contributed to the higher rates fees in renting cost for the low income earners in many, but not all the States of Germany, due to the previous immigrants refugees and asylum seekers influx, or crisis in the various States of Germany that entailed the free State of Bayern, while other media sources may have pointed out Brexi, or simply Britain's scheduled exit from the EU membership have had direct and indirect impact on the living quarters crisis for the Middle class citizens and ordinary citizens in the mentioned various States, specially in Frankfurt am  main in which higher income earners and professional finance personnel and bankers have been on the  constant move from the World's former number one financial markets center which had been Britain to the World's second financial center Frankfurt city which has been on the gradual transformation for the eventual change to the World's vibrant finance center and the World's number one with, or without the approval of the government along with the approval of the World's major finance Institutions as the International Monetary Fund (IMF) and the European Central Bank (ECB) which have  contributed in EU countries joined effort for a unified finance system with stronger currency value in the euro currency that has further strengthen the unified credit line of the member countries by the European Union Austerity measures intended for upgrade of the member countries credit line and place higher demand for efficiency and better production capacity, despite the huge financial strain that had been placed on member countries with higher debt and budget deficit. Besides the Euro bonds  that has been specifically allocated in the sum that exceeded six hundred billion euros in financial packages and Euro bonds sales for the upgrade of the member countries credit line to the required standard that has been specified by the major finance Institutions. However, finale conclusion on the required solution to the soaring rent cost in Tha various States of Germany, specially in Frankfurt has been reinvestment in building projects, specially on the high rise apartment complex that will reduce the higher demand on the declining numbers of apartments partly, due to Brexit and possibly, due to the mentioned refugees and asylum influx in the mentioned various States of Germany which may have drastically increased rent prices in few States of Germany for higher income earners and obliged the struggling second class and ordinary citizens to voluntarily relocate to far away cities and towns from the capital city Berlin and other major cities.

               Written by Professor Godfrey Ohia
      Bank : paypal.me/OHIAGODFREY
      E-mail : ohiaprofessorgodfrey92@gmail.Com
      Telephone : +1 678-437-0587
      Name : Professor Godfrey Ohia.

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