Experts come up with bleak predictions for their own four walls – for many people renting will hardly be affordable. Package against inflation in non-profit housing. IA. a rent check.
Affordable housing: An old political hit that currently only sounds like mockery to many people. Inflation, rent increases, energy prices: more and more people are drifting into poverty and can barely afford everyday life. Caritas, Volkshilfe and Co sound the alarm.
Government responds with rent brake
The government responds. In an elementary environment. living. Greens initiative motion – anti-speculation package in the non-profit residential environment, which plays an important role in Austria. The “Krone” has this important document.
The key points are first: rent control for immediate sale. Until now unregulated. There is now a 15-year limit to guideline values for affordable rates.
“Housing is not a commodity, but a fundamental right”
Second: Speculation period for immediate sale. Apartments sold immediately after construction are withdrawn from speculation for 15 years. This is possible thanks to an entrenched pre-emptive right for non-profit real estate developers at reasonable prices.
“This makes resale less attractive,” says Green Mandatarin Nina Tomaselli, who is primarily responsible for this package. This must take effect on July 1. Tomaselli: “Housing is not a commodity and should be taken out of the logic of the market as much as possible. Housing is a fundamental right, speculation is not.”
Rising construction costs put pressure on the market
Government action is really necessary. This is apparent from current figures from the business-liberal think tank Agenda Austria. Conclusion: rapid rise in construction costs. Living is getting even more expensive. “Material costs alone have increased by almost 27 percent within a year,” calculates Agenda economist Jan Kluge.
“With regulated benchmark rents, landlords will consider taking apartments off the market. In Berlin, where there are rent controls, we already see that,” says Kluge. In the non-regulated area, rents would go through the roof anyway, but the non-profit apartments would also suffer.
Effects can accompany us for years
As long as Corona and war continue and put pressure on supply chains and energy prices, the precarious situation would not change much. “The effects will be with us for months, if not years.”
Actions such as the anti-speculation package are all the more important. That much is certain, a few more packages will be needed.
Source: Krone
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