Property News · September 20, 2017

German rent-control law violates constitution, court rules


Ruling throws key project of Merkel’s coalition into doubt days before electionsOne of the prestige projects of Angela Merkel’s outgoing coalition government has been thrown into doubt after a Berlin court ruled that a recently introduced rent-control law violates Germany’s constitution.The so-called Mietpreisbremse or “rental price brake” was introduced two years ago with the aim of barring landlords in property hotspots from increasing rents by more than 10% above a local benchmark. In June 2015 Berlin became the first German state to implement the new regulation. Continue reading…

Source : theguardian.com
Read more…German rent-control law violates constitution, court rules

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