Inflation leaves many renters with a choice: pay the bill or have dinner. If the money was barely enough to live on before, many are now slipping away. They become poverty crossers.
Six of the Schnoor family live in two rooms. Anita Pettera has to move again at the age of 70 because otherwise she will be in the red every month. And Melanie Michl sells her clothes and her car to pay for the public utilities.
They all weigh on the increased costs. Inflation is at its highest level since 1951, at 8.7 percent in January and an average of 7.9 percent in 2022. And that’s just an average. Individual products can be more than twice as expensive as they were a year ago.
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Source: Stern