(article continues below) See also on The Local:In Frankfurt – Germany’s second most expensive city – tenants have even enjoyed a slight decline in rent prices over the same period. Out of 14 major cities surveyed, only five of them saw rent prices go up between the second and third quarter of the year, compared to eight cities in study conducted earlier this year. However, even before the rent cap was thrown out by the courts, Germany’s capital remained the city with the fastest rising rents in the country. In Berlin, however, where the market is still catching up to where it was before the rent cap, tenants look set for at least another six months of increases, Immowelt claims. “Before the introduction of the rent cap, rents for existing apartments were on the verge of breaking the €10 barrier,” said Mehles.

Source: The Local October 05, 2021 09:56 UTC