Germany's new government, under Chancellor Friedrich Merz, promises to address the ongoing housing crisis by extending rent controls (Mietpreisbremse) until 2029. While emphasizing the need for construction, the coalition also aims to protect tenants from rising rents. However, the property owners' association, Haus und Grund, argues that small landlords are disproportionately affected and advocates for their exemption from these regulations. They emphasize that private landlords face unique challenges and cannot absorb increased letting costs as larger housing groups might.
"The limits of affordability for private landlords have been exceeded," association president Kai Warnecke told Spiegel. "Unlike housing groups, private individuals cannot compensate for the massive increase in letting costs in any other way or pass them on."
Chancellor Friedrich Merz succinctly articulated his housing strategy: "Build, build, build," emphasizing a multi-faceted approach to alleviate the housing crisis in Germany.
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