The Berlin real estate market is familiar with the word "crisis". Since 2007/2008, anyone who has overcome the speculation period and then sustained properties for a few more years in view of the positive developments has known that a crisis is also always an opportunity. Does that also apply to the time after Corona? An analysis.
The corona crisis will lead to liquidity bottlenecks for tenants in Berlin. The Federal Government and the Berlin Senate are countering this with protective umbrellas and programs. Which tenants are particularly at risk?
The law for rent limitation in the housing sector in Berlin - MietenWoG Bln - better known as "rent cap" came into force on 23.02.2020. Berlin landlords must react quickly. A roadmap.
On January 30, the "Law on the revision of legal regulations on rent caps", or "rent cap" for short, was approved by the Berlin House of Representatives. After publication in the official government gazette at the beginning of February, the law will come into force. The most important paragraphs, hidden pitfalls, risk of fines. A detailed discussion of the rent cap, here.
If you want to live in Berlin, you need an apartment. Unfortunately, patience, luck and a job are no longer enough to find a place to live in Berlin. Surprising: almost 126,000 apartments in Berlin seem to be vacant.
The reality in Berlin is much better than politics want it to be. The rent burden is moderate, the net income per household and the ownership rate are rising.
The rent cap has been approved by the Senate. By law, the rents for about 1.5 million apartments built before 2014 are to be frozen for five years. Also affected are new rentals for which the rent index for 2019 is no longer used, but the new upper limits from the Senate table. All information here.
Can climate goals be matched with the political agenda of Red-Red-Green in Berlin? The goal conflict of the Berlin Greens is getting worse. A status report.
Many of our foreign customers ask us what is going on in Berlin's real estate market. Left Senator Lompscher's trying to push a lot of buttons. But only a few work. It is time for some information.
Berlin's building senator is said to have spoken of over 430,000 rent reduction applications from tenants in Berlin per year. Senator affronts thousands of private landlords.
