Almost gone are the days of balconies with perhaps a lone chair for the smoker who has been banished outdoors. Balconies and terraces, especially in big cities but in the countryside as well, are now so lavishly furnished and decorated that experts are calling them second living rooms. This trend has reached a new peak, says Frank A. Reinhardt, an expert with a European trade fair dedicated to garden lifestyle in the German city of Cologne. “The quality of design and material is consistently very high across all price classes,” says the trend researcher. “I have rarely seen such a high, qualit…