Radio Spaetkauf Berlin

Rent Freeze #3: Don't Spend It

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Synopsis

Rent Freeze #3: Don't Spend It This month residents of Berlin should experience the biggest collective rent reduction in history. About 340,000 residents - one in six - may be eligible for a rent cut under the Mietendeckel, Berlin’s radical new housing policy. But landlords are doing their best to stop it. On November 23 landlords must reduce rents to regulation levels or face fines of €500,000. Tenants can check if they're paying too much at this website: http://www.mietendeckel.berlin.de And they can cheating landlords to the city government here: https://service.berlin.de/dienstleistung/330040/ Anyone who gets a rent reduction should save the money, as they might have to pay it back. The Mietendeckel is being challenged in Germany's constitutional court, with a ruling expected in mid-2021. Jöran Mandik explains the court process - and the judges' red robes. Furnished flats are not exempt from the Mietendeckel. But some companies are offering a buy-and-lease-back service model to help landlords get around t