Rent: High burdens for households identified

More and more households in Germany are suffering from high rent costs. Some even spend more than 40 percent of their income on rent. This development is the result of a study by the German Institute for Economic Research (DIW). The study also reports a significant increase in rent burdens since 1991. The proportion of overburdened households has increased from 5% to 14% by 2021.

The number of social housing units has fallen sharply over the same period, making access to affordable housing even more difficult. DIW researchers emphasize that housing is increasingly becoming a social issue, especially in large cities where rents are particularly high.

There is no simple solution to the problem of rising rents. DIW researcher Konstantin Kholodilin takes a critical view of the rent freeze and instead proposes a mix of different political measures to improve the situation. These include more scope for decision-making at local authority level.
© immonewsfeed

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