Apartment rents are becoming more and more expensive - there is no relief in sight in 2024 either. The top 3 most expensive rental markets in Germany include Munich, Berlin and Frankfurt am Main.
The construction industry cannot help against the sharp increase in demand - it is in a deep crisis. Inflation has been falling again since the end of last year - but experts do not expect interest rate cuts until mid-2024. A growing group of people who can no longer afford their own houses probably also contributed to the high demand.