Promulgating a brake on apartment rents.
New Justice Minister and Consumer Protection Minister Heiko Maas said he will take steps to counteract the rising rents in Germany. This was also agreed in the new government’s coalition agreement negotiated between the three ruling parties, C.D.U., S.P.D. and C.S.U.
Under the new rules, new tenants’ rent could not exceed 110% of the previous tenant’s rent. Fees for agents who find the new renters will in future be paid by landlords, not tenants. These rules will go into effect in 2015.
(MEAT price bremz ah prom ool GEAR en.)