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According to a report from www.abendblatt.de The real estate market in Hamburg is changing. However, the development of the rent index is not as strong as expected. Rents are rising more slowly than before. The average rent for apartments in Hamburg is €854. This could lead to a slowdown in rent growth as demand for properties in Hamburg remains high. Rents in Hamburg are currently comparatively cheap compared to other cities such as Munich, Stuttgart and Frankfurt. However, rents continue to rise in Hamburg. Rents are significantly more expensive than average, especially for old buildings and new apartments. …

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According to a report from www.abendblatt.de
The real estate market in Hamburg is changing. However, the development of the rent index is not as strong as expected. Rents are rising more slowly than before. The average rent for apartments in Hamburg is €854. This could lead to a slowdown in rent growth as demand for properties in Hamburg remains high.
Rents in Hamburg are currently comparatively cheap compared to other cities such as Munich, Stuttgart and Frankfurt. However, rents continue to rise in Hamburg. Rents are significantly more expensive than average, especially for old buildings and new apartments.
Rising rents could mean that fewer and fewer people in Hamburg can afford an apartment. This could lead to a change in the housing situation in the city. Political parties like the Left are therefore calling for more social housing, while the CDU is warning against tricks and calling for greater regulation of the housing market.
Overall, the development of the real estate market in Hamburg will continue to be closely monitored, as rents are developing more slowly than expected. However, it is important to keep an eye on rising rents and find possible solutions for an affordable housing situation.
Read the source article at www.abendblatt.de