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ROUNDUP / House and reason: Private increase rents hardly – tenants' bond doubts News

Thursday, September 21st, 2017 | bitcoin updates

BERLIN (dpa-AFX) – Private landlords in Germany have increased average rents by 0.6 percent last year, according to a survey of the industry. This was the result of a survey by the owner association Haus und Grund among its members. On average, they demand € 7.93 per square meter, 5 cents more than in the previous year. "Private landlords are interested in long-term secure income," said President Kai Warnecke. "You will be able to avoid the one or the other euro if the tenant stays in the apartment longer." The answers were answered by 2800 landlords from Düsseldorf, Gelsenkirchen, Kassel, Lübeck, Magdeburg, Munich, Osnabrück, Pirmasens and Tübingen. Thus, Haus und Grund wants to map the regionally very different housing markets. The German tenants' bond, however, doubted the significance. The survey showed that the rent in owner-occupied apartments increased by 3.2 per cent to € 10.28. Apartments in two-family houses were, on the other hand, cheaper. Overall, rents for private individuals are on average 2.7 percent below the respective local rents. "These figures are very astonishing and surprising," said Ulrich Ropertz, managing director of tenants. Even the studies of the large private and municipal landlords as well as the cooperatives regularly come to the conclusion that the rents are below average. "Somewhere the price-drivers have to be." Ropertz pointed to clear increases in rent in the large cities, which were shown in the rent mirrors. Especially at the tenant change many landlords strongly./bf/DP/men

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