Rising rental prices: As much as Austrians 2024 pay for living space!

Rising rental prices: As much as Austrians 2024 pay for living space!

Österreich - Die Mietpreise in Österreich befinden sich auf einem alarmierenden Höhenflug! According to the current statistics of kosmo.at , rents rose in 2024 by over four percent compared to the previous year. The average monthly rent is now around 660 euros. The increase in temporary contracts, which now make up almost half of all main rental contracts, is particularly explosive. This development could lead to an uncertain living situation for many tenants.

There is also bad news in the area of operating costs. The German Tenants' Association reports that operating costs in Germany rose by 10 percent to an average of EUR 2.51 per square meter in 2023. The heating and hot water costs in particular have increased by terrifying 18 percent and increasingly strain the household budgets. For an 80 square meter apartment, the costs add up to an average of 3,024 euros in the billing year - a knowledge that makes tenants listen.

rents and operating costs under pressure

The problem runs through both countries: While the average net rent in Austria is 7.5 euros per square meter, temporary contracts even reach EUR 12.8. Tenants in Germany also have to adapt to rising additional costs that can exceed the cold rents in some regions. Rent representatives urgently call for reforms to stop this pressure of inflation. The President of the German Tenants' Association, Lukas Siebenkotten, appeals to politics to introduce a transparent right to pay.

summarized, the current developments in the rental sector clearly show that living costs are becoming increasingly unaffected in both Austria and Germany. These dramatic changes call for immediate political measures to protect tenants and to ensure stability in the housing market.