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Breaking News - BREAKING NEWS - Europe

BREAKING NEWS - Europe

German rent-control law violates constitution, court rules  

Image result for German rent-control law violates constitution, court rulesOne of the prestige projects of Angela Merkel’s outgoing coalition government has been thrown into doubt after a Berlin court ruled that a recently introduced rent-control law violates Germany’s constitution.

The so-called Mietpreisbremse or “rental price brake” was introduced two years ago with the aim of barring landlords in property hotspots from increasing rents by more than 10% above a local benchmark. In June 2015 Berlin became the first German state to implement the new regulation. Read more HERE.

Image result for German rent-control law violates constitution, court rulesOne of the prestige projects of Angela Merkel’s outgoing coalition government has been thrown into doubt after a Berlin court ruled that a recently introduced rent-control law violates Germany’s constitution.

The so-called Mietpreisbremse or “rental price brake” was introduced two years ago with the aim of barring landlords in property hotspots from increasing rents by more than 10% above a local benchmark. In June 2015 Berlin became the first German state to implement the new regulation. Read more HERE.

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Published on 22/09/2017 @ 0:34 PM   | All Breaking News Topics | Top
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