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by woodpanel
2798 days ago
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It's not – at least in Germany. Laws prohibit intense rent hikes, thus you can lock in a low rent, with a delta to new leases that is just ever increasing. Also, the idea to make everyone a landlord while widely accepted in housing economics to be a good thing, I happen to think is shortsighted and contradicts the principle of "economics of scale". Housing companies (can be non-profit co-ops as well) often provide much more quality/€ to tenants than the landlord, who owns 1 flat and is always overstrained with the simplest maintnance requests. |
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That's great in theory, but in practice has literally dozens of ways to be bypassed. Rents in Bavaria and Berlin have increased by nearly a quarter over these past 4 years.
One of the problems being that the Mietspiegel only accounts for new rentals, with steady increases in rent prices, it does not reflect the actual "average rent prices" because it's missing data for people who've been living in the same place for years and up to decades, with the same low rent.