When A City Cannot Support Its Talent

Berlin, Germany's capital, is faced with such severe economic stagnation that it can no longer support its bohemian residents.
May 31, 2005, 9am PDT | Chris Steins | @urbaninsight
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"Berlin has high unemployment, huge debts and a real-estate market that's been floundering for years. Affordable housing attracts artists, students and other bohemian types. Spacious lofts designed for advertising agencies and consulting firms have been converted into photo studios and practice rooms for bands.

...There's something both likable and miserable about a city that cannot support all the talent it attracts. Germany, a stagnating economy, has raised a lost generation of young professionals -- and nowhere are they as lost as right here in the capital."

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Thanks to Laura Kranz

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Published on Wednesday, October 26, 2005 in Wall St. Journal
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