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German Tenants' Association warns: Rent prices continue to rise
Read about the rising rents in Germany and the alarm call from the tenants' association. Find out how politicians should react to ensure affordable housing. #Housing market #Rent prices #Tenants' association
German Tenants' Association warns: Rent prices continue to rise
The situation on the German housing market is extremely tense, as tenants in many places are worried that they will no longer be able to find affordable housing. The German Tenants' Association is sounding the alarm about rising rents, which continue to rise, especially in urban centers. Record rents are now being charged in some large cities, making housing costs prohibitive for many tenants. The rising rents have developed an uncontrolled dynamic, and the German tenants' association also expects further price increases in 2024.
Lukas Siebenkotten, President of the German Tenants' Association, emphasizes that rising rents are not an inevitable law of nature. He calls on politicians to take measures to limit the increase in rents. In particular, the rent cap should be applied more effectively to curb exorbitant rents. In addition, there has long been a call for new impetus in the construction industry in order to provide sufficient affordable housing.
Building permits have plummeted dramatically at the start of 2024, further exacerbating the housing shortage problem. Experts and the German Tenants' Association are therefore calling for affordable housing to be made a top priority. The introduction of the new non-profit housing scheme is seen as a step towards relaxation on the German rental market. This measure, which was advocated by the traffic light coalition, could help secure affordable housing in the long term.
At the political level, however, important projects to promote the construction and housing industry are encountering resistance. The amendment to the building code and the reform of the building statistics law are blocked by the FDP, which dashes hopes of a quicker solution to the problems in housing construction. Overall, the situation on the housing market requires urgent and effective political measures to counteract rising rents and the ongoing housing shortage.