Monday, August 15, 2016

Living – Study: Rent rise less than income – Sü

Direct from the dpa news channel

Cologne (dpa) – In many regions of Germany, people can according to a study today afford greater rent than six years ago. On average, a private household now rent 94 square meters, fielding a quarter of its disposable income for this.

These are two square meters more than in 2010, as the result of a study by the Institute of the German Economy (IW) in Cologne, the possession of the German Press Agency.

This is evident from the comparison of housing costs and disposable income of the IW. Housing costs include the possibility most expenses related to the apartment with a.

Nationwide are rents with 10.2 percent increased less since 2010 than the disposable income of households with 11.5 percent. However: the gaps between the individual circuits has increased in recent years

Only about a quarter of all districts and cities can average household afford less floor space than six years ago.. Among the ten largest cities this applies to Berlin, Stuttgart and Dortmund. “In Berlin, the development is very distinctive, because the change takes place so quickly,” says Ralph Henger, economist with focus on finance and real estate markets at the IW. The population of the capital is in the past six years increased by almost a quarter million to 3.61 million. It is obvious that this housing is scarce.

In the largest cities, the local rents are reported to 2010-2016 to 26 percent in the case of Berlin, 14 percent in Munich and 12 percent in Hamburg risen. There can average household, according to the study to pay a quarter of his income only a 70 square meter apartment.

In Frankfurt and Munich, it looks similar. There, the purchasing power is indeed remained almost the same or slightly increased. Nevertheless. “Munich has the highest rents hardly affordable for many families,” said Henger

“The situation is not dramatic Full coverage,” he says. “Without the influx of refugees in the past year, the dynamics would have even declined in Germany.” Only five percent of all investigated circles lie the average rent at the high level of about nine euros per square meter. . “For comparison: 6.90 euros is the average rent in Germany,” said Henger

Most of living space, an average household can in Bavaria Dingolfing-Landau or in Lüchow-Dannenberg (Lower Saxony) afford where a quarter of income for about 120 square meters is enough. Laggards are the four university towns Trier, Freiburg, Heidelberg and Würzburg. . There a quarter of the average wage makes just half the area

High rents of more than nine euros per square meter and an above-average rent increase of about 2.5 percent are the scientists, however, only two places firmly: in Stuttgart and Ingolstadt. “Stuttgart is expensive due to its topography in the city center. The development is also here certainly not dramatic,” says Henger. “In Ingolstadt we see strong momentum mainly due to the good economic development.”

Throughout Germany expects the IW with a relaxation in the big cities: “We expect that the dynamics decreases Construction activity is picking up.. But it takes three to five years from planning to completion of the apartments. “


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