Now Here's An Idea – A New Berlin Law Managed To Reduce Rent Prices In Just One Month

Dublin needs this

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Here's another great idea from a European capital, as Berlin's newly introduced rent control law is already starting to show a marked decrease in city rents.

According to Germany's leading real estate site, ImmobilienScout24, the average price of new rental contracts in the Germany's capital has fallen 3.1 percent since the introduction of the rental price brake just a month ago.

The stats become all the more convincing when compared with rent figures from other German cities, which appear to be rising in some cases while stagnant in others.

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PIC: ImmobilienScout24

With the Irish capital facing some pretty ridiculous rental prices of its own, should Dublin follow Berlin's model?

Written By

Seán Kenehan

Seán is known for eating, drinking and writing, making him uniquely qualified to work for Lovin Dublin. Seán enjoys skipping stones wistfully, puns that'd make a dad blush, and referring to himself in the third person.

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