The German government is set to spend €600 million euros housing migrants in upmarket Berlin hotels at an annual cost of €18,000 per “refugee,” while the city’s 10,000 homeless population will remain on the streets.
According to a Frankfurter Allgemeine report, “The Berlin Senate is negotiating with a hotel chain over the longer-term leasing of 10,000 hotel places for refugees.” Grand City Hotels will provide 22 hotels which will include Holiday Inn and Wyndham properties.
The deal is attractive to the hotel chain because the government would guarantee an occupancy rate of 95% compared to the usual figure of 60 to 65 per cent.
Some 80,000 asylumists arrived in Berlin alone last year, part of the 1.1 million that flooded into Germany, a figure eight times Berlin’s homeless population.
No doubt the cost of cleaning up the damage that young Muslim males constantly cause to the accommodation they are given will go on top of that figure, not to mention extra policing, court and prison costs. The total cost to Germany of the Muslim invasion is estimated to be €50 billion by the end of this year.
It's hard to believe that in 2012 we were seriously contemplating buying an investment property in Germany -- we're very pleased now that we didn't.
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