Munich: Rental madness puts a strain on singles and families!

Munich: Rental madness puts a strain on singles and families!

München, Deutschland - Munich, the most expensive living city in Germany, has put numerous households under pressure with their exorbitant rental load. Single Munich people pay an average of over 40 percent of their income for rent. This challenging situation means that 15 percent of Germans currently have to raise more than 50 percent of their net income for living space. In Munich in particular, these trends are shown in many districts, where at least 20 percent of residents have to spend over 40 percent of their income for the rent, as tz.de

A survey adds that 37 percent of Munich tenants think about moving into a cheaper apartment, but many of them remain in their current apartment for fear of rising rental prices and the associated challenges. This makes it clear that the rental load is an urgent problem for many.

Rental pollution and infection of poverty

According to an analysis of the tenant association, single parents are particularly badly affected. This group spends an average of 37 percent of its income for rent, with 75 percent of these households being burdened above the socially acceptable level. In addition, there is only a small proportion of single parents who have moved in the past four years below the critical limit of 30 percent rental load.

prices and living conditions

The increasing prices vary greatly depending on the landlord: cooperative apartments cost an average of 11 euros per square meter, while rents can reach up to 15 euros per square meter for private real estate companies. The nationwide average for rental households is 9.66 euros per square meter.

A third of the 21 million tenant households suffer from excessive housing costs across the living conditions in Germany. More than 3 million households pay more than 40 percent of their income in rent and heating costs. The average living space rental households is 69 square meters, which is below the nationwide average of 93 square meters, such as the Süddeutsche underline.

changed living needs and outlook

The situation in Munich shows that 53 percent of households are now one -person households who have an average of 40 percent of their income for rent. The Obermenzing district seems to be an exception, since the residents earn well on average and the rents remain within acceptable limits. However, there is a different trend in other parts of the city, such as Milbertshofen-am Hart or Thalkirchen-Obersendling.

Stephan Kippes from the brokerage association IVD advises those seeking apartments not only to concentrate on a single quarter, since the rental markets and conditions often differ significantly. In view of the high rental prices and the associated loads, it is clear that a sustainable solution for the residential problem in Munich is necessary to help the many affected households.

remains to be seen how the housing situation will develop in the future. Even if the upgrading and new buildings in the apartment sector are promoted, the question remains to what extent these measures will create affordable housing for the general population.