Germany faces a housing crisis, particularly in cities like Berlin, Munich, and Frankfurt, where increasing rents—averaging 4.7% nationally and hitting 8.5% in Berlin—are straining residents. With elections looming on February 23, voters are increasingly focused on housing issues. The CDU/CSU alliance is advocating for less bureaucracy in construction and incentives for affordable renting, while the SPD and Greens have their own strategies. The urgency to tackle rising rents and enhance housing supply is evident in party platforms as they prepare for coalition negotiations.
In Berlin and other German cities, housing accessibility is in crisis, with annual rent hikes prompting voters to prioritize housing in political agendas ahead of upcoming elections.
According to a study by the German Economic Institute, average rents in Germany rose by 4.7% year-on-year, with Berlin experiencing an 8.5% increase by 2024.
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