Rental price brake remains: government decides important measures!

Rental price brake remains: government decides important measures!

Graz, Österreich - On Wednesday, the triple coalition from ÖVP, SPÖ and Neos held their first Ministerial Council. A central topic was the new regulations on the rental price brake, which, according to the government's plans, are to be extended by December 31, 2029. Federal Minister of Justice, Dr. Volker Wissing, emphasized the importance of quick planning security for tenants and landlords. He explained: "I think an extension until 2029 is correct. In the case of new rentals, very high rental prices are already required in our cities." This confirms an increasing problem: Without the rental price brake, there is a further increase in rental prices in the urban areas, which could overwhelm many apartment seekers, as well as bmj.de reported.

In Styria, where numerous subsidized rental apartments are built by non -profit housing cooperatives, Hans Schaffer, board director of the ÖWG, commented critically on the rental price brake. He warned of a possible "construction brake", especially in non -profit housing and renovations. Schaffer explained that the rental price brake had less money for new buildings and renovations, which the decarbonization is significantly disabled. Barbara Walzl-Tirk, chairwoman of the tenant protection association, confirmed the meaningfulness of the rental price brake, but described the time as "too late". She called for further measures to strengthen tenant protection because the existing regulations would not be sufficient.

rental price brake in detail

The rental price brake, which was introduced in 2015, is to slow down the increase in living space rents in tense markets. In the case of new rentals, the rent may be a maximum of 10 percent above the local comparative rent. These comparisons are created to ensure that rental prices do not increase exorbitantly. A significant aspect of the current discussion revolves around future legislation: Without new regulations, the existing rules would override from January 1, 2026. The draft law also provides for an expansion of the area of ​​application to bring apartments under the rent brake between October 1, 2014 and October 1, 2019.