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In 1949, West Germany enacted its first housing law and by 1961 had reduced its housing shortage from 5.5 million units to only 658,000. The mortgage market remained weak with banks requiring large downpayments from borrowers. [2] Germany has comparatively low rental prices and a high proportion of rent controlled units.
Nestpick is an online platform for on-demand housing; month to month rentals of furnished apartments & rooms, operating worldwide. The website facilitates an easy exploration of a wide range of furnished apartments, rooms and student accommodation. Offers from many international providers are aggregated on the Nespick website.
' Cooperative rental apartment syndicate ') was founded in 2014 in Switzerland. [30] After discussing with similar initiatives in Switzerland, they chose to use the Genossenschaft ( Cooperative ) form in their model instead of the GmbH (LLC) to relate to a tradition of cooperatives in their country since the LLC offered no additional advantages ...
The 14 member federations of the GdW have approximately 3,200 housing enterprises as members. They represent together approximately 6.4 million dwellings, corresponding to approximately 17% of the entire and 30% of rental housing stock in Germany.
This would affect 243,000 rental apartments out of 1.5 million total apartments in Berlin. The largest such real-estate company is Deutsche Wohnen, for which the initiative is named, followed by Vonovia. [1] In total, the referendum would impact 12 large real-estate companies. [2]
Reduced Corporate Tax Rate: Local governments in Germany can benefit from a reduced corporate tax rate of 15% for income obtained from rental housing development projects. This tax incentive is applicable to all income generated from the project, including rent, interest, and capital gains.
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