What is the main finding of the research on rent burdens in Germany?

The research reveals significant differences in rent burdens across major German cities and their suburbs, with urban centers like Berlin and Munich experiencing high rental cost ratios.

How was the research conducted?

The study was conducted by Berlin-based data provider 21st Real Estate, which examined the relationship between income and rent in Germany's seven largest cities.

Which city in Germany has the highest rent burden for workers?

Berlin stands out as the city with the highest net income-to-rent discrepancy in Germany, with an average cost ratio of 32%.

Why does Munich also have a high rental cost ratio similar to Berlin?

Munich's high rental cost ratio is attributed to residents earning an average of €57,259 annually, concentrated in expensive micro-locations with rental cost ratios exceeding 35%.

highest for workers

News

AdminJune 27, 2024

Where in Germany are rent burdens highest for workers?

Where in Germany are rent burdens highest for workers? The monthly frigid rent has now reached a level where it…
Read More »