“Every rent ensures a stable neighborhood”
Mr. Junker, what exactly does "warm rent" mean?
Every rent consists of the net rent – the so-called basic rent – and the additional costs, both cold and warm. These include, for example, the costs for snow removal, insurance, and energy.
And who decides how high the basic rent may be?
The basic rent is the fee for using the apartment. In Berlin, the rent index provides information about rent levels. This index is recalculated every four years and indicates the local comparative rent. If the rent is below the local comparative rent, landlords may increase it up to a maximum of this rent.
Why do rents have to be adjusted again and again?
Landlords are also subject to the usual price increases due to factors such as construction costs, inflation, and personnel costs. Therefore, if we have to raise rents, as a state-owned housing company, we adhere to our service promise and only increase them within a limited scope. We then reinvest the money in our existing properties, local social projects, new construction, and, of course, sustainability and climate protection. The rental income finances maintenance, modernization, and new construction in our neighborhoods.
You can find more information about rent increases here .