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Austrian Government Considers Rent Cap
In consideration of a looming rent increase in April, the coalition parties Austrian Peoples Party (OEVP) and the Green Party are now also interested in a possible rent cap.
The Austrian Government is Considering A Rent Cap to Curb the Increasing Costs of Living. / Picture: © Wikimedia Commons / Gryffindor, CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0/)
According to the current legal situation, around 300,000 households are threatened with a sharp rent increase in April. Because most rents are linked to the consumer price index - and this shows an increase of 8.6 percent for the past year. The Social Democratic Party of Austria (SPOE) and the Freedom Party of Austria (FPOE) have long favored stopping the guide value increases. In the…
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