Last year the Berlin state government agreed a controversial new rental cap law designed to curb the rocketing costs of housing. The law on the rent cap (Mietendeckel) still has to be passed by Berlin's House of Representatives. The Berlin Senate estimates that in the first two years after the introduction of the rent cap, around 20 percent of these tenants, i.e. How do tenants apply for a reduction? During the five-year term of the rent cap, Berlin's Urban Development department expects that tenants will be relieved by around €2.5 billion.

Source: The Local January 06, 2020 10:52 UTC