Overview

• A government report reveals that rents for new leases in Germany's 14 largest cities have risen significantly since 2014, with Berlin experiencing the steepest increase.
• Berlin's average rent for new leases has doubled from €8.10 per square meter in 2014 to €16.35 in 2023, while Munich remains the priciest city at €20.59 per square meter.
• Eight of the 14 cities now have average rents above €10 per square meter, compared to only three cities in 2014.
• The 2015 rent control law, known as the Mietpreisbremse, has been criticized as ineffective, with calls for stricter enforcement and broader reforms to combat rising rents.
• The data focuses on online rental listings and excludes cheaper rental options and existing leases, raising questions about the representativeness of the findings.