Student housing shortage & cost traps – Real Estate News

This week, the high rent prices for students are one of the absolute top topics. Furthermore, the news world deals with ancillary costs when buying a house and why it doesn’t have to be difficult at all to communicate successfully with your tenants despite language barriers. Rent limits, digitalisation and energy consumption are also under discussion and, of course, there is also an exchange about how the real estate world has changed after Brexit. All real estate news can be found right here: Immo News.

Real estate news: overpriced rental apartments for students

Nowadays, it is no longer a rarity for young people to move away from their parents or from the countryside to urban regions as part of their studies or training. Since many (prospective) students naturally pursue this plan, the demand for apartments is a never-ending stream. From a purely economic point of view, demand determines price, and rental prices for 1-room apartments and shared flats are correspondingly high. Even small student rooms with just enough space for bed and wardrobe can quickly cost a small fortune – especially for enrolled students who also have to pay the semester fees at the same time. Especially hubs like Berlin, Cologne or Munich are not afraid to let the prices skyrocket, but also in Frankfurt many a student will ask themselves if commuting is not the better and cheaper alternative.

T-Online about cost traps when buying a house

If your family grows or you change jobs, you are quickly confronted with the problem of finding a new place to live. Especially in the case of permanent or long-term changes, the purchase of a house offers itself directly instead of renting. But be careful! Not every provider is serious and also brokers are often focused on their own profit. Clauses quickly creep into the purchase contract that cause hidden costs for the buyer – and the unknowing customer falls unsuspectingly into the cost trap. How you can avoid this and other problems and dangers around and in the house, they learn this week at T-Online with topics such as “The dream of the house – incidental costs when buying a house – here lurk the cost traps” and “Moisture damage – mold in the apartment – Who has to bear the costs”. New topics of the week:

Cost traps when buying an apartment: What to do in case of hidden defects?

The Frankfurter Allgemeine about horrendous rent costs for students

This week there is something exciting from the Frankfurter Allgemeine on the topic of rental prices and the everlasting stream of students on the hunt for a rental apartment or a shared room in the city centers. Other sample topics include “Gentrification: high rents are a very effective limit” and “Landlord survey: those who move less often rent more cheaply”. More news from this week:

The Handelsblatt about student housing in Munich and Cologne

The Handelsblatt also deals with the topic of rental prices for students in major German cities. Handelsblatt also reports this week on “Expensive land, rising interest rates – it’s getting uncomfortable for developers in Germany” and “The digitalisation of the German real estate world is still in its infancy”. More headlines of the week:

The star about mold control in the home

The blog of the star deals among other things with the topic of mold in the house and how to avoid it. Especially in old houses or in basements it can quickly happen that mold spreads unasked on the walls. Mould also quickly feels at home behind furniture and in airless niches. And if it is only once in the house, how one gets rid of it again? The star clarifies how to protect yourself and your wallpaper from damage. “Useful household tip: Condensation on the window: this is the cause – and so you protect yourself from mold” and “Energy consumption: in this house, electricity and heating cost only two euros a year” are our reading tips of the week. More news from the blog:

Quarks enlightens about the origin of house mold

Focus Online on the rules for rent increases

Do you have surplus living space and don’t know what to do with it? The solution is obvious: renting. Strengthening your own turnover and making others happy with a rental property in the process, a great thing! How you as a landlord can spread the costs for conversions, renovations and Co. among your tenants and which rules have to be observed, you can find out this week at Focus Online under “Rules at a glance: What is allowed in a rent increase – and what is not”. The Focus Online blog also reports on “Putting landlords under pressure: Apartment too cold? When you can reduce the rent if the heating is defective”. More news from the blog:

Süddeutsche Zeitung about language barriers among tenants

This week’s blog of the Süddeutsche Zeitung is not only about modular houses but also about language barriers among tenants. Especially in metropolitan areas, it is not uncommon that prospective tenants apply to an advertisement who speak little to no German or English, and how do you then explain to your tenant why you have set what amount for the service charge statement – without a common language? You can find out which possibilities there are to tear down these barriers and simplify cooperation, and other exciting topics this week in the blog of the Süddeutsche Zeitung under “When words are missing” and “Vorgebaut”. Updates and news from the blog:

Manager Magazin on the American Dream of the Brexit bankers

There are also new headlines from Manager Magazin this week, because even after Brexit the topic is still relevant. The new Mecca of bankers, the financial American Dream after Brexit, the most beautiful city on the Main – Frankfurt! The top topics this week in Manager Magazin therefore “Helaba study: Frankfurt is main destination for Brexit bankers” as well as “In Germany already “rather late in the day”: major investors see end of Europe’s real estate boom”. Other headlines: