Price Development of Curbed Apartments
Translated by Jan Grade
Background In 2015 the so-called rent brake was introduced in some federal states in Germany. The aim of the initiative was to curb the price increase of newly contracted rents in prospering cities so that housing in these cities remains affordable even for middle and low-income households. At least that is how the draft law on the corresponding amendment to the tenancy law should be understood. ZEIT ONLINE has asked empirica regio to investigate the price development of newly advertised rental flats since the introduction of the rent brake in selected cities. However, the following evaluation is not a comprehensive study of the effects of the rent brake, but only an ad-hoc evaluation of the supply rents of individual cities.
