4 ms·

Every flat I've rented in Germany had indefinite leases in the last 30 years. Also didn't have inflation linked leases.

• FirmwareBurner 3y ago
  So you can live somewhere for 30 years while still paying the exact same rent from 30 years ago unadjusted for inflation? How does that work for landlords?
  • KingOfCoders 3y ago
    "exact same rent from 30 years ago unadjusted" Straw man attack, I didn't say that. Nevertheless I'll give you an answer. I had below inflation rent increase for some decades, yes. I also payed below market prices for some decades. The last flat we rented was 110qm, Prenzlauer Berg, 950EUR/month, market rate approx. 1800 EUR/month. I do think the property ownership monetary model is more complicated than you suggest.
    • FirmwareBurner 3y ago
      >Straw man attack, I didn't say that. I wasn't attacking you, I was asking the the rental model makes sense for the landlord if he can't increase rent prices. >I do think the property ownership monetary model is more complicated than you suggest. I wasn't suggesting anyhting, I was asking. >Nevertheless I'll give you an answer. But from what I understand, you haven't explained. You've only said you were paying below market rate, But how does that work then?
    • abenga 3y ago
      I always assume that once you're in, it's hard to push you out or increase rent unreasonably. How close to market rate was the flat priced when you moved in?
  • Arnt 3y ago
    They have another kind of adjustment, indirectly linked to inflation. The details are complicated, Germans will accept very complex rules as long as the goal is seen as just, but if you want it simplified to just one sentence: If you're paying a very low price, the landlord can usually increase it slowly until it's fair for the property. If the market price climbs past the rent you're paying, you'll begin to see some rent increases.