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City of Vienna Pushes for Rent Cap
The City of Vienna has called for an Austrian-wide rent price cap since it does not want to implement these regulations on its own. The rent price cap is heavily debated in Austria at this moment because the guideline value for rents might increase too much in April.
The City of Vienna Calls for a Rent Price Cap Amidst the Possible Rent Increases in Austria. / Picture: © Pedro Szekely from Los Angeles, USA, CC BY-SA 2.0 , via Wikimedia Commons
The city of Vienna does not want to implement a rent cap on its own but calls for a nationwide solution for the soon possible sharp rise in benchmark rents, which has been missing so far. With around 100,000 municipal apartments, the federal capital could take action itself, ORF reported. According to the report, the legally…
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