The income of doctors in Hamburg has risen by up to 15 percent, but it is still not enough. (Photo:http://images.google.de)

One year ago, doctors' anger was great as the honorary grand coalition of reform was still in force. Many specialists in Hamburg - especially orthopaedists - complained about wage losses, barricaded their practices, and demanded advance payment from their patients; this lead to a mass demonstration in Stuttgart. Now, a year later, the figures point to actual changes. Physicians are making more money - not less!

Housing prices in Hamburg are up

Property prices increased by up to 8.5 percent. (Photo: Christian Neukirch)

Apartments, especially, have increased in value, a new study says. Prices per square metre prices rose 8.5 percent year-on-year. The last time prices increased this dramatically was at the beginning of the 1990’s. On average, one has to pay 2,209 Euros per square metre for a privately-owned apartment. The highest prices are in the HafenCity with up to 5,243 Euros per square metre. In the east and the south of Hamburg, prices are cheaper.

Houses, too, increased in value - with a rise of 1.7 per cent. The average price for a square metre is now 2,275 Euros. It is expected that property prices will see a further increase in the coming years.