Property News · September 24, 2018

Germany pledges more housing benefits to low-income earners as property prices rise


The German federal government will offer low-income earners more generous housing benefit payments from 2020 onwards, the Editorialnetwork Germany (RND) reported on Friday.
RND cited a draft resolution for the housing summit held in the chancellery in Berlin on Friday, in which the government will reform the current benefit payment system in response to growing concern over a national shortage of affordable housing.
“This way the alleviating effect of housing benefits can be sustained and…

Source : South China Morning Post
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