The larger the apartment, the more expensive it is. In some regions, can afford to be a tenant but in the case of a constant expenditure share significantly more living space than in other regions. This was the result of a new real estate study by the Institute of German economy (IW).
26 percent of net income for rent
The experts assume that the residential cost of 26 percent of net income . On the basis of an average net income of 2013 of Euro cold rent for a Single household is, therefore, in the Federal German average at around 523 euros.
However, the living space, which a tenant receives 26 percent of its net income is, depending on the Region, however, varies. In Ebersberg can afford a social security Employee for just a total of 43.9 square meters living space. So Ebersberg is the most expensive circle. The most expensive city is Munich – there are only of 41.1 square .
The most expensive circles in the Overview:
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More living space for the same Output content
For the same expenditure share, 26 per cent of the net income, can tenant afford to but more than 100 square feet floor area – for example in lower Saxony or Rhineland-Palatinate.
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According to the study’s authors, the affordable living space is in the Federal German average of 75.9 square meters . So much living area, a worker in Germany gets for an average of 26 percent of its net income. In each half of the circles, the affordable living space is located above or below it.
Between 2013 and 2017, has become Some of the major cities affordable housing in around two-thirds of all the districts more affordable. Even in some large cities, the Rent taking into account the Wage inflation in 2017 was cheaper than 2013.
As tenants in Hamburg, Cologne and Frankfurt am Main, Germany 2017 could afford more living space than four years previously. In Berlin and Munich, the Rent has become, however, more expensive.
The largest cities by population in 2017 (2013):
housing costs will continue to be dynamic
the affordability of housing in some cities has to be removed and in the other, is mainly due to the fact that, according to the city, Rents and wages in the ratio different from each other. The experts at the IW assume that the cost of housing on the basis of this dynamic development continues to be very different. Buy, Rent or Build? (Display), you can Find the property of your dreams
Away from the metropolises to be found, according to the study’s authors are still regions in which the labour markets to be attractive , Rent but continues to be low . This includes numerous East German circles. Higher wages and affordable housing must therefore be no contradiction.
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