Berlin (dpa): work, learn, spend time, all at home. For months, many Germans have been home more often than usual and some more than they would like. Corona has increased the importance of the apartment.
An extra room to work in, a garden to breathe deeply, now more people yearn for it. According to a current study, apartments are getting more and more expensive, single and two-family homes are getting more and more expensive, but rents are stagnating. Landlords warn of conflict on some large estates, precisely because people are less likely to leave. Corona has an impact on the real estate market.
Neighborhood conflicts could escalate in already polluted neighborhoods, homeowners association GdW believes. The crisis in the crown is testing the social stability of residential areas. “In polluted neighborhoods, social problems threaten to worsen, in less polluted neighborhoods social networks are intensifying as a result of the exceptional situation,” said the president of the association, Axel Gedaschko.
Even before the crisis, there was an increase in violence, disturbed peace and disregard for house rules in some residential areas, as well as intercultural and generational conflicts. “There can be no business as usual with respect to contaminated residential areas,” Gedaschko demanded.
Its Federal Association of German Housing and Real Estate Companies (GdW) represents mainly cooperatives and municipal housing companies, but also private sector giants such as Vonovia and Deutsche Wohnen. Together they ask for more state work in the neighborhood. Otherwise, outbreaks of violence are also possible.
Many tenants cannot afford to move out. But the era of exorbitant rent increases is over, as Bernd Leutner, director of the Hamburg private research institute F + B, thinks. His data shows that those who move don’t pay more than they would pay if they moved a year ago. . From July to September, only 0.1 percent more was owed than the previous year. Compared to early summer, new rents even fell slightly. Existing rents were 1.4 percent higher than the previous year.
The largest cities, including Munich, Berlin and Hamburg, are slightly above average. F + B notes that there is still a high level of demand from owner-occupiers and investors. “The rental market remains surprisingly robust and stable from an owner’s point of view.”
In particular, the short-term work allowance continues to keep many tenants solvent. There were no notable failures with the owners, it was said at GdW Association Day in Berlin.
But Corona also taught that you don’t necessarily have to live in the city for many professions. Surveys show that more and more companies plan to work from home even after the crisis. Many people value more living or outdoor space, according to recent surveys. The surrounding areas of metropolises are also becoming more popular. In the second quarter, prices for private homes rose sharply.
The price increase for single and two-family homes remains unchanged, according to the F + B analysis released Monday. In the third quarter, single and two-family homes were on average 8.6 percent more expensive than in the same period last year.
This meant that private homes grew even more than condos, which were also significantly more expensive at 5.5 percent. “We are of the opinion that the corona pandemic has generated an additional and apparently sustainable increase in demand with limited supply at the same time,” Leutner said.
Now there is relief for many tenants in Berlin. Hundreds of thousands can expect their excess rent to be lowered after the second stage of the rent limit takes effect on Monday. The Senate estimates that rents will have to drop by 340,000 apartments. F + B even takes over about 512,000 apartments. The average discount is 40 euros.
The leader of the Berlin SPD parliamentary group, Raed Saleh, sees the controversial law as a model for other cities. The parliamentary deputy of the Greens in the Bundestag, Oliver Krischer, disagreed on Monday: “It is a measure that specifically addresses the situation in Berlin,” he said.