Fewer apartments available for rent.
The number of regular rental apartments in Germany has fallen a lot since 2015. Furnished apartments are becoming more common. This is causing problems for renters.
The Kiel Institute found that rental apartments have decreased by more than 20% since 2015. Many people are struggling to find a regular apartment. The supply of unfurnished apartments is going down. At the same time, the number of furnished apartments is rising. The German government wants to make new rules to fix this problem.
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Highlights
Rental Apartment Supply Drops
The number of regular rental apartments has decreased by over a fifth since 2015.
Furnished Apartments Increasing
An increase in furnished apartments is partly responsible for the decline.
Rental Search Difficult
Finding rental apartments is becoming increasingly difficult, especially in cities.
Unfurnished Apartments Decreasing
The supply of regular, unfurnished rental properties is decreasing.
Government Regulations Planned
The government intends to tighten regulations in response to the trend.