Germany's rental market is broken (Süddeutsche Zeitung, 21 Dec 2018)
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Germany's rental market is broken
Original headline in German: Deutschlands Mietmarkt ist kaputt
By Hannah Beitzer, Sabrina Ebitsch, Christian Endt, Thomas Öchsner, Martina Schories and Moritz Zajonz. Published in Süddeutsche Zeitung (SZ) on 21 December 2018
Summary from Google Translate:
The housing market has gotten out of joint, not only in Hamburg or Munich. Real estate prices and rents have risen at an insane pace in many German cities in recent years and have made living the crucial social issue of our time.
This is one of the reasons why 57,000 people took part in the SZ project #MeineMiete and filled out a comprehensive questionnaire. Although the results now available are not representative, they nevertheless show how broken the rental market in Germany is - and not just in numbers, but also in fate. In addition to the standardized answers in the survey, almost 3,000 people sent us their stories. Taken together, these stories paint a depressing picture of the German housing market.
Keywords: Germany, rental markets, affordability, crowdsourcing