The illusion of cheap rents in Berlin: reality for very few
The illusion of cheap rents in Berlin: reality for very few
"Berliner Morgenpost": The effects of increasing rental costs in Berlin
The housing market Situation in Berlin remains tense. Despite the claim of the boss of the BBU housing association that rents in the city are "cheap", the offer on the real estate market does not match the demand. Especially for families, couples or people who want to move out, the search for affordable living space is extremely difficult.
While long -established Berliners often have contacts or happiness to find a cheap apartment, those without relevant relationships face major challenges. For them, the desire for a new, affordable stay remains unfulfilled. Instead, they are forced to rent overpriced and poorly equipped mini apartments.
The stagnating inventory rents are in a strong contrast to the exploding costs for modernizations and new buildings. This represents a problem for the real estate industry. In order to avoid an overwhelming apartment of the socially oriented housing industry, moderate rent increases within the framework of wage development are essential in the medium term. At the same time, the federal and state governments have to subsidize the new building more and more reliably than before.
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