Is she Germany's most social landlady?
House residents in the Glockenbachviertel live so inexpensively
Created: 01/21/2022, 08:10
By: Laura Wittstruck
The apartments in this house on Auenstrasse are particularly affordable.
© Screenshot RTL
A pensioner owns an apartment building in Munich's popular Glockenbach district.
She rents out the apartments there at exceptionally low prices – for one simple reason.
Munich – The Munich housing market is deep in crisis.
In many neighborhoods, rents are barely affordable for average earners.
But in a rental property in the expensive Glockenbachviertel, of all places, things look very different.
In a house on Auenstrasse, people can live as cheaply as there are few places in Munich.
According to an article by
RTL,
the landlady only charges around 9 euros per square meter.
For comparison: most rental properties in the Isar metropolis cost at least 15 euros per square meter.
Munich: Cheap rents in the Glockenbachviertel - that's why landlords don't raise the prices
According to the report, the house in Glockenbach has been in the family for three generations. The property owner and retired teacher inherited it from her father in 2008 and decided to offer the eight apartments at fair prices. It is important to the 83-year-old that people can continue to afford housing. In the
RTL
interview, she explains: "Living and working enables everyone to shape their own lives. But if one of the two fails, then that's no longer possible.” Her tenants are happy about the pensioner's social streak. For example, a tenant reported to
RTL
that she had to leave her old apartment. An investor had bought it and increased the rent: "So I have 450 euros to live on - that's just enough."
Munich's nicest landlady: Crazy inheritance tax for granddaughter
In the meantime, it is uncertain what will happen to the house after the death of the current landlady.
In the program “stern TV Spezial – how does Germany live?” on
RTL
, she reports that the house is now worth 5.5 million euros.
This also drives up the inheritance tax – which her daughter cannot really afford, however.
The 83-year-old's suggestion on the show: a reduced inheritance tax for landlords who guarantee cheap rent.
In this way, the tenants in Auenstrasse could also look to the future with confidence.
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