As of: February 3, 2024, 4:48 a.m
By: Yasina Hipp
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People who work and earn money cannot afford apartments in Munich.
Pilar Dieminger also knows how frustrating and exhausting the search for an apartment is.
Munich - "It's not nice to experience these rejections again and again," says Pilar Dieminger about looking for an apartment, "that takes a lot out of you." After three years in Hamburg, the Munich resident is back home.
Because of her family, she has strong roots here.
But the start is bumpy: The 35-year-old cannot find an affordable apartment and is currently living in her old childhood room again, as she reported to
ZDFheute
.
Many people in Munich are like you, for whom living in the city is simply too expensive despite having a job and income.
Pilar Dieminger (35) lives in her old childhood room again because she cannot afford an apartment in Munich.
© Screenshot: ZDFheute Nachrichten/YouTube
Rental prices in Munich: Over 22 euros per square meter
In the city of Munich's most recent housing market barometer from 2022, the average first-occupancy rent was 22.27 euros per square meter, already around four percent above the 2020 level. According to the real estate portal wohnungsboerse.net, the price per square meter at the beginning of 2024 is now 22.53 euros per square meter.
The real estate company Engel & Völkers also compares various real estate portals on its website and gives a price per square meter of 23.12 euros for apartments in Munich.
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The course of the last few years shows that living in Munich is becoming more and more expensive.
Pilar Dieminger also discovered this when she returned to her home district of Giesing.
Elisabeth Merk, Munich city planning officer, gave the following explanation for the development to
ZDF
: “If someone has a property, it is simply worth tens of times more after 20 years and we can hardly reduce this enormous increase in value with subsidies and other instruments.” This is the basis the property tax for real estate.
The more living space there is on a property, the more taxes the owner has to pay.
So empty spaces are cheaper.
Traffic light government rejects introduction of land value tax
Alain Thierstein, Professor of Spatial Development at the Technical University of Munich, considers a land value tax to be “much more effective”.
This would give owners an incentive to use their property more efficiently.
However, the traffic light government rejects such a new tax: the introduction would be too costly.
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Professor Alain Thierstein from the Technical University of Munich is in favor of a land value tax and a change in public transport.
© Screenshot: ZDFheute Nachrichten/YouTube
Big problem: Munich’s public transport network – “All lines go towards the center”
Further solutions would be to make better use of the space in commercial properties, such as supermarkets, and convert it into living space.
Munich's public transport management would also have to be changed.
The problem, according to Thierstein: “All traffic lines go towards the center of Munich.” This cuts off the outskirts of the city and makes the surrounding area unattractive.
A ring line would make more sense.
Munich woman names hurdle when looking for an apartment: “I don’t earn much, I don’t have a husband”
The housing market in Munich does not appear to be easing any time soon.
Pilar Dieminger has to keep looking and in the meantime live in her childhood room.
However, the self-employed communications designer is not very optimistic: “I am often rejected because I am an independent woman and don’t earn much.
I don’t have a man who could protect me.” She fears that the structures behind renting out apartments are “conventional”.
The 35-year-old is ashamed of having to live with her parents again.
Nevertheless, she thinks it is important to talk about it: “My example is intended to show how precarious the situation in a society can be.”
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