Renting is becoming more and more expensive in Germany's cities.
According to a study, that may change soon.
Prices rise more slowly.
Munich - The rent index of 352 cities (with more than 20,000 inhabitants) was carried out by the employees of the research company F + B.
According to the information, the analysis of the net cold rents of apartments with an area of 65 square meters, average equipment and location.
The main results:
• The rent increase curve is flattening out: For the third year in a row, rents rose less sharply than before.
According to this, the local comparable rents across Germany increased by 1.7 percent in 2020 - in 2019 it was 1.8 percent, in 2018 it was 2.2 percent.
Munich is no longer the most expensive place in Germany
• The location in Munich *: Bavaria's state capital is no longer the most expensive place in Germany for tenants.
In Stuttgart, tenants have to dig deeper into their pockets than in Munich.
Here, the net rent for a 65 square meter apartment is 10.38 euros per square meter, 46 percent above the German average.
Munich even slipped to seventh place this year.
In 2018, the city was ousted from first place in the evaluation for the first time in 20 years.
The fact that the Munich real estate market is still overwhelmed can be seen from how much the prices in the surrounding area are rising: The most expensive municipality in Germany is now Karlsfeld, located in the suburbs.
An average net rent of EUR 10.90 per square meter is due here.
• Prices in the surrounding area are catching up: The top ten include Germering, Dachau and Erding, three other places from the Munich area.
"This shows that the old rule, 'If you want to live more cheaply, you have to move to the surrounding area' no longer applies," says F + B Managing Director Bernd Leutner.
The long, extremely high price level in the core cities has led to evasive movements in the suburbs.
By the way: There is a simple reason why there are not more municipalities in the surrounding area of Munich in the ranking: They do not collect a rent index and therefore do not provide any data for the study.
Apartments in old buildings in Munich are proportionally more expensive than new buildings
• Special case Berlin: You can still live comparatively cheaply in Berlin.
In the western parts of the city, existing apartments currently cost an average of 7.40 euros per square meter, in the eastern districts of 6.65 euros per square meter.
• Old or new building?
The study reveals interesting details: living space from the 1920s in Munich is 49 percent above the national average, for apartments that were completed in 2015 it is only 15 percent - however, the reference value (national average) is 9.40 euros (to 6.58 euros) is also significantly higher here.
Wolfgang de Ponte - * tz.de is an offer from IPPEN.MEDIA.