City housing company causes massive back payments for tenants

City housing company causes massive back payments for tenants

According to a report by amp.focus.de, the municipal housing company Münchner Wohnen (MW) is exposed to severe criticism for tenants' horrendous additional payment of additional costs after a mistake by the landlord led to existential problems for the tenants.

MW's rental apartments are affected, with some tenants having to make additional payments amounting to several thousand euros. A few examples show the serious effects: Some residents, including a carer, a pensioner, a social worker, a retired couple and a caretaker, have to pay back amounts of between 1,300 and 3,000 euros. This leads to significant financial burdens and existential problems.

The left in the Munich city council has taken up the issue and has found that the city has apparently concluded tariffs that are too expensive for the natural gas contracts with the municipal utilities, which are now burdening the residents. The landlord company Münchner Wohnen defends itself against the allegations and argues that the business contract concluded was cheaper than the basic tariff from the same provider. However, the Left's research showed that the housing company's specific tariff was many times more expensive than the basic service.

The impact on the real estate market and the industry is serious. The affected tenants suffer from financial burdens, which ultimately also puts the landlord company under pressure. Public opinion and political reactions may lead to increased regulation and monitoring of landlord practices. In the long term, this could lead to changing dynamics in the real estate market and new legal regulations designed to protect tenants.

Overall, the current controversy surrounding tenants' horrendous back payments could have a lasting impact on the real estate industry and lead to increased supervision and transparency of landlord practices.