Munich: Why hardly any apartments are sold anymore – Munich

High real estate prices and increased loan interest rates make it difficult for even well-off people to purchase property in Munich – which further exacerbates the situation on the rental market. Haus-und-Grund boss Stürzer has a reform idea.

When Rudolf Stürzer invites you to a press conference, he always brings along a few calculations about the Munich housing market. These are calculations that show that the situation for private landlords is difficult – much more difficult than one might think given the high housing costs in this city. Stürzer is the chairman of the Haus und Grund Munich association and is therefore a lobbyist for people who rent out living space.

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