that’s pretty cool, some German cities have 10% and that works well I think.
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Short explanation for germany:
In 3 Years a maximum of +20% is allowed, in certain cities +15%.
However this is still way more than normal inflation, so it is not enough. And: this is only for existing places. So landlords get around that by either taking down old buildings and building “Luxus” apartments, or renovating old apartments to justify higher increases.
