4 ms·
§556d, 1 of the German civil code. https://www.gesetze-im-internet.de/bgb/__556d.html https://www.gesetze-im-internet.de/bgb/__556d.html It's illegal here to
by lqet 6y ago
§556d, 1 of the German civil code.
https://www.gesetze-im-internet.de/bgb/__556d.html https://www.gesetze-im-internet.de/bgb/__556d.html
It's illegal here to demand a rent more than 10% higher than the "ortsübliche Vergleichsmiete", which is approximately the local rent averaged over the last 6 years (exactly defined in §558)
More generally, you cannot simply ask for astronomical prices for anything in Germany just because you know that people are in a position where they have to pay them, that's "Wucher" (racketeering) and against public decency, which is generally illegal according to §138.
https://www.gesetze-im-internet.de/bgb/__138.html https://www.gesetze-im-internet.de/bgb/__138.html
- AlchemistCamp 6y agoInteresting. That sounds a lot like rent control if the wiggle room is only 10% over a 6 year moving average.
- acjacobson 6y agoIt is rent control - which basically exists throughout Germany. Even in SF rent controlled apartments can increase some % per year, it is just controlled how much. In Germany this is often done by looking at the region's average price for similar properties and then fixing some limited increase against that. This is distinct from the rent cap that was overturned, which stated no rise in rent at all for five years.