Germany proves that private renting can work better than it does in Britain
Germany proves that private renting can work better than it does in Britain
Germans typically stay far longer in their rented homes, which are cheaper and have secure tenancies
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Germans typically stay far longer in their rented homes
Yeah, partially because you can not find anything new at nearly the same price
, which are cheaper
For those with old contracts, Berlin for example is at 13€/m^2 for new rentals. With a median household income of 2117€/month that would be a 54 m^2 appt for one household assuming you spent 1/3 of your income on rent.
(All of that even assuming you can find an appartment at all)
Berlin for example is at 13€/m^2 for new rentals.
For new rentals? If you find one for that price let me know. Would be a free money glitch.
Its the average for Q1 23: [https://de.statista.com/statistik/daten/studie/535119/umfrage/mietpreise-auf-dem-wohnungsmarkt-in-berlin/](statisa 2023)
The problem with statistics like this is that you dont know what exactly the area is. Berlin is HUGE, so there are lots of flats on the market which are feasible. You might be able to find a flat in Kleinmachnow, Spandau or Wilhelmshagen for cheap, but if you are studying or working in Berlin you usually search in the city center and rents there are waaaay higher than 13€/m².
13 euros means a 54 sqm flatwould cost 702 euros cold. That's impossible to find unless you know someone and they directly pass you their contract. The market is pushing closer to 20 sqm. So I'm stuck in my 8 year contract forever.