On April 1, the rents of about 400,000 apartments will increase by 8.6 percent. This is a huge burden for many. There is still no agreement between turquoise and green. Time is running out.
There are negotiations. But no agreement yet. This is the short update from ÖVP negotiator Andreas Ottenschläger. Likewise “concrete and meaningful” the club officials. August Wöginger (ÖVP): “We are still open to further talks.” Sigrid Maurer (Greens): “We are working on a good solution.” The spark did not fly over the rapprochement. There is fire on so many roofs.
The benchmark rents will be increased by 8.6 percent in April. Nearly 800,000 tenants are affected. Average additional costs per year: 490 euros, calculated by the AK, which warns of increasing poverty and, like the ÖGB and SPÖ, is increasing the pressure on the government.
What the Greens and the Turquoises want
The Greens want to curb rents, while the Turquoises want a €500,000 tax exemption for the first home. Given the acute need, Wifo boss Gabriel Felbermayr advocates spreading the rent increase over three years. Property and transfer taxes can be reformed as part of a financial equalization package. Chancellor Karl Nehammer (ÖVP) also spoke on Wednesday about a total package, even without being specific. After a lot of back and forth, there was after all a small agreement about housing. The end of an absurdity is sealed. From now on you will only pay brokerage fees if you engage a broker.
Source: Krone

I am Ida Scott, a journalist and content author with a passion for uncovering the truth. I have been writing professionally for Today Times Live since 2020 and specialize in political news. My career began when I was just 17; I had already developed a knack for research and an eye for detail which made me stand out from my peers.