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Mietspiegel

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The Mietpreisbremse – literally the rental price brake – was introduced in Berlin in June 2015. Politicians hoped that the legislation would slow the rate at which rents were rising by limiting property owners’ freedoms to raise rents. In actual fact, rents are now generally increasing faster than ever.   According to a recent study from the Cologne Institute for Economic Research (IW), rents for apartments in Germany’s major cities are now rising …

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Legal changes are on their way, both due to new laws being enacted and reforms to existing laws. It is important that anyone affected has sufficient time to come to terms with the new legal landscape and can make any necessary changes to their business practices. Read on to find out about some of the key legal changes that are set to have an impact on the German real estate industry this year including changes for: estate …

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Milieuschutz – necessary intervention or a step too far? In this third article on the German housing market, we’re moving on to the third currently hot “M” in the German residential real estate industry – Milieuschutz. Unlike the Mietpreisbremse (a product of Germany’s current coalition government), protecting the character, identity and social mix of a neighbourhood via Milieuschutz goes back more than 40 years to the early 1970s.   Restricting …

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The Mietspiegel—A funhouse mirror There is a great deal of interest in Germany’s housing markets from overseas‘ investors and there are a large number of non-German speakers living in the country, particularly in major cities such as Berlin, Munich, Frankfurt and Hamburg. Germans have a long-standing preference for living in rented apartments rather than buying property—although this might change slightly thanks to low interest rates and steadily increasing rents. In …

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