3 ms·
I think for you - Germany might be an anomaly since in Germany you guys have strong rental protections. and rentals can have long leases i.e 3+ years. whereas i
by dzonga 4y ago
I think for you - Germany might be an anomaly since in Germany you guys have strong rental protections. and rentals can have long leases i.e 3+ years. whereas in the UK / US a lease usually last a year. in london with average leases being 6 months to a year.
in the UK new builds are inflated due to gvt shenanigans
- formerly_proven 4y agoThat's true, though the only protection for new tenants is rent control (the type where rents can't exceed a reference rent by ~10%), which is active in most cities - but is also generally ignored (~80 % of new leases violate these laws). New construction, modernized (also "modernized") and first-time-leased flats are excluded as well, and if the previous tenant overpaid, rent control is suspended as well.