Rental apartments are now scarce in many regions and are a major issue, especially in the seven most well-known German cities. If not a problem, because housing is becoming more and more expensive. Currently, the rental and purchase prices of real estate are extremely high, so that many tenants wonder whether the rent is still worthwhile. But it is not always financial aspects that speak for or against renting. Personal circumstances must also be appropriate for the purchase of a property to make sense.
A rental apartment is of course the responsibility of the landlord. This means that the landlord, as the owner, has to assume all the duties in terms of renovation and refurbishment. He is responsible for the tenant’s ability to use and inhabit the rental apartment appropriately. Broken heating systems, crowded basement rooms and leaking windows are not the tenant’s problem. They even have a right to have various factors in a rental apartment correct. Landlords must therefore take care of the maintenance of the apartment and have various repairs carried out. It is not possible to pass this on to the tenants. Contractual agreement for painting work after the exodus, on the other hand, already.
Tenants pay a contractually stipulated rent for the period of use. This is usually based on the current rental mirror. In larger regions or places where housing is just as scarce, this can be very high. Those who live for years for rent may sooner or later ask themselves whether an apartment can be bought for the same money. The answer at the moment is often yes. If the monthly rate for financing does not meet the monthly hot rent, a rental apartment is hardly worth it. At least if you look at it from the current point of view. After all, it must be clear that buyers of a property can deal with interest rate fluctuations.