Berlin approves 5-year rent freeze in German capital

Reuters | Germany

Updated: 18-06-2019 17:46 IST | Created: 18-06-2019 17:34 IST

Image Credit: Wikimedia

The Berlin Senate on Tuesday approved a five-year rent freeze designed to tame soaring housing costs in the German capital, bowing to pressure from residents angry that their city has become unaffordable.

The Senator for Urban Development and Housing in Berlin, Katrin Lompscher, said the five-year freeze, which was originally planned to take effect in January 2020, would apply retroactively from June 18.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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Urban Development and HousingSenateBerlinMichael NienaberGermanresidents

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