Housing shortage: How to impress landlords as a tenant - financial expert gives tips

Housing shortage: How to impress landlords as a tenant - financial expert gives tips

According to a report by amp2.wiwo.de,

The housing shortage in German cities is getting worse, and landlords have clear preferences when it comes to potential tenants. According to a survey by the ImmoScout24 portal, more than half of landlords prefer couples, followed by singles and families. Pensioners also have good opportunities, while students, single parents with children and shared apartments have a more difficult time. Overall, personal impressions play a major role, followed by a verifiable, regular income. Information such as tenant self-disclosure and proof of creditworthiness are also relevant.

With the shortage of living space and the growing preferences of landlords, competition for rental properties is becoming increasingly intense. This could lead to a further increase in prices in the real estate market as demand exceeds supply. It becomes more difficult for people who do not match the landlords' preferences to find a suitable apartment. This could lead to tight rental markets and mean less attractive price options for prospective tenants.

The importance of personal impression and regular income also shows that landlords could apply stricter selection criteria to avoid loss of rent. In addition, this could lead to increased requirements for tenant self-disclosure and creditworthiness in the future, which could further increase the barriers to access to rental properties.

It is important that potential tenants adapt to these changes and prepare well for home viewings. Rental property providers give tips on how to best prepare for a house viewing and what you should pay attention to when choosing a rental property. It would be wise to heed this advice and actively prepare to have the best chance in the tight rental market.