The German Tenants’ Association has proposed abolishing heating bills. The initiative has a simple rationale: the tenant pays the full heating bill without having any say over maintenance work that might reduce heat loss in the home.
The average home size in Germany has grown by 20% in the last 30 years, and this trend is gaining momentum. According to experts from Empirica Regio, Germans are increasingly opting for larger homes.
German Real Estate portal Immoscout24 predicts that rental prices may rise in five major German cities, with prices in Berlin expected to be higher than in other areas.
The first residential building, fully printed on a special-purpose 3D printer, was completed on a turnkey basis in the town of Beckum, in North Rhine-Westphalia.
As per the study conducted by Hans Böckler Stiftung, an analyst at the University of Berlin, housing expenses of German households reach as much as 50% – an alarmingly large proportion.
A recent study by Immowelt Property Search Portal showed that rents on new contracts have increased in at least 80 major German cities over the past five years. Furthermore, in 34 of them this growth exceeded 20%.
In 2021, analysts predict a rise in real estate prices for at least 4 percent. DPA, a German news agency, had recently quoted Stefan Mitropoulos, an expert in real estate: “The housing market in Germany is surprisingly stable”.
Interest in suburban areas throughout the country has grown amid the COVID-19 pandemic.
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