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Price brake on rents in sight

Price brake on rents in sight
Linz from Mariendom
Image: VOLKER Weihbold

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. SPÖ and FPÖ have long been in favor of stopping the guide value increases. In the meantime, the governing parties ÖVP and the Greens are said to be interested in a change in the law with regard to a lower rent increase.

indexing?

“We are currently in a parliamentary vote,” said Nina Tomaselli, member of the National Council and spokeswoman for the Greens for housing and construction. After all, it is unfair if rents increase by 10 percent, but the costs for the landlords have not increased to this extent. But there are also positive signals in the ÖVP that a solution can be found together.

Therefore, different variants are currently being examined. For example, a different index could be used to adjust the reference value, or the inflation allowance could be capped. “But a new index could eventually be developed,” added Tomaselli.

Peter Weidinger, member of the National Council and spokesman for consumer protection for the ÖVP, also pointed out in the program “Im Zentrum” on Sunday evening that a solution was being worked on. One of the solutions could be indexing. According to Weidinger, it is also about strengthening purchasing power.

Tomaselli noted that it is currently being examined which solution has the most advantages and will therefore also receive the appropriate approval in Parliament in the event of a vote.

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