In Dresden, rents are exploding!

Dresden – Statistics on the exploding rental market are numerous. The official "Mietspiegel 2019" is the representative. As a result, the local comparative rent increased in the space of two years, from 6.09 euros to 6.4% to 6.48 euros. In 2008, 5 euros were due.

While rental rates in 2017 still represent nearly 14% of apartments rented at less than € 4.99 per square meter, they are only 7%. The share of apartments with rents between five and six euros has also increased from over 34% to 28%.

On the other hand, the share of apartments with rents above eight euros per square meter increased from five to almost ten per cent. More than ten euros are due for 1.2% of rental apartments. Two years earlier, the value was 0.1%.

In addition, small apartments for students or singles and apartments for large families have become more expensive. For an apartment of 25 square meters throughout the city, an average of 7.82 per square meter.

There is 60 square meters for 6.28 euros. 144 square meters in turn cost a gigantic rent of 7.90 euros.

Comparative rent in the state capital of Saxony is nevertheless at the center of German cities. In Munich (11.23 euros per square meter), Freiburg (8.56 euros) or Hamburg (8.44 euros) display on average much higher rents.

"The rent index for 2019 reflects the dynamics of the housing market in Dresden and the downward trend in the proportion of low-cost apartments continues to decline," said Mayor Kristin Kaufmann, 42. leftist in charge of housing and social affairs.

The rent index is established every two years and is representative. Data from nearly 4,000 homes were badyzed. The data are based on all residents of Dresden, who have moved into an apartment in the last four years or have benefited from an increase in rent. The rent index is used as the basis for rent increases (while preventing usurious rents), for calculating the cost of accommodation for the beneficiaries of Hartz IV and applies to the court as a means of communication.

However, the city is finding it increasingly difficult to grasp the data: "Many respondents have hesitantly joined in. The rent index is increasingly seen as an instrument of increase, the willingness to Help is low, "said Jennifer Wiltshire, of the GEWOS polling institute.