Tuesday, September 23, 2014

Spared builders – Government takes new construction of rental brake off – Süddeutsche.de

Spared builders – Government takes new construction of rental brake off – Süddeutsche.de

The grand coalition has agreed on the rental brake. The upper limit should not apply to new homes accordingly. SPD Department of Justice and Consumer Affairs Minister Maas is by the critics of the Union.

  • The coalition decides the rental brake. The bill provides for maximum rent of ten percent above the local level in a change of tenant in certain areas.
  • Unlike initially planned new buildings are to be permanently excluded from the scheme, not only the first time, as it was the SPD . So investment should be encouraged.
  • The broker pays the future one who has given him.

New apartments proceed

Justice and Consumer Affairs Minister Heiko Maas (SPD) has agreed with the tips of the coalition parties to improve the protection of tenants against drastic rent increases. For a change of tenant, the new hire must be more than ten percent above the usual local level in selected areas accordingly in future. This does not, are probably new buildings, the dpa news agency reported, citing coalition circles. Maas is thus contrary to critics from the Union. They had complained that Maas’ bill was not coordinated with them.

Back in July Maas had indicated this step. “We know that is currently heavily invested in housing. This willingness to invest, we want to get.” Prior to the real estate industry had repeatedly warned that the price would brake stall the housing. The Union had demanded that not only the first occupation of a new building of the brake must be released – so landlords are not bound by the same brake when tenants terminate quickly after its first occupation. Now new buildings remain from the price ceiling after the second, third or fourth change of tenant spared. This also applies to the first lease for a comprehensive modernization



defusing the rent brake Late decision, good decision

Still and secretly has Justice Minister Maas in the political silly season collects the rental brake. The opposition criticized it a wrinkle before the real estate lobby, while viewing the facts differently. Germany needs other measures to allow cheap rents future still can.

(Video: Süddeutsche.de , Photo: AP)

countries attach scopes of application

The rental brake should apply only in areas with “a tense housing market”. These are chosen areas of the country for a period of five years. This date was also a requirement of the Union. “Rents must remain affordable for average earners,” said Maas. “. Purpose is to contribute to the rent brake more than 30 or 40 percent increase in rents in some metropolitan areas are simply unacceptable.”



Save the broker

A clear change is available from the Housing Office: the broker will not pay more automatically the tenant, but the client according to the plans. This is often the owner. The rules are to come into force in the first half of 2015.

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