Archinect - News2024-11-15T00:47:04-05:00https://archinect.com/news/article/128636999/berlin-approves-rent-cap-law-to-curb-its-skyrocketing-rents
Berlin approves rent cap law to curb its skyrocketing rents Alexander Walter2015-06-02T13:42:00-04:00>2015-06-03T22:02:34-04:00
<img src="https://archinect.gumlet.io/uploads/t1/t1hbk7tfkb83a5t4.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>Berlin has become the first city in Germany in which rent-control legislation has come into force in a bid to put the breaks on some of the fastest rising rents in Europe.
From Monday, landlords in the capital will be barred from increasing rents by more than 10% above the local average. Such controls were already in place for existing tenants but have now been extended to new contracts.
“[...] the difference between the rent paid in existing contracts and new contracts is so high [...]”</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
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